By Laura McGuire Retailer Majestic Wines has bought Vagabond Wines out of administration, promising to expand the wine bar brand when the right opportunity comes knocking. The UK’s largest specialist wine retailer last month confirmed talks regarding a possible takeover after Vagabond went into insolvency. On Friday, the business backed by Fortress Investment Group said it had completed the acquisition, saving 171 jobs in the process. Nine of its stores will also remain open, however an underperforming site in Canary Wharf will be shuttered. John Colley, chief executive of Majestic said: “We a…