CCI approves Orogen-Brunson's stake purchase in Brillio Holdings
Fair trade regulator Competition Commission of India CCI on Tuesday said it has approved the Orogen-Brunson LPs acquisition of stake in Brillio Holdings.The combination pertains to the acquisition of certain shareholding in Brillio Holdings, Inc by Orogen-Brunson LP.Orogen-Brunson LP is a limited partnership formed in the USA.
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Fair trade regulator Competition Commission of India (CCI) on Tuesday said it has approved the Orogen-Brunson LP's acquisition of stake in Brillio Holdings.
The combination pertains to the acquisition of certain shareholding in Brillio Holdings, Inc by Orogen-Brunson LP.
Orogen-Brunson LP is a limited partnership formed in the USA. It is part of the Orogen Holdings LLC and Atairos Group, Inc.
In a tweet on Tuesday, the CCI said it has approved the ''acquisition of certain shareholding in Brillio Holdings, Inc. by Orogen-Brunson L.P.'' Brillio Holdings is a US-based global technology consulting and business solutions company. The firm has operations in the country through its subsidiary Brillio India Technologies Pvt Ltd.
Deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace.
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