Latest News | CCI Approves Orogen-Brunson's Stake Purchase in Brillio Holdings
Get latest articles and stories on Latest News at LatestLY. 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.
New Delhi, Aug 29 (PTI) 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.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)