Competition Commission of India (CCI), a fair trade watchdog, said on Tuesday that it had authorized Orogen-Brunson LP’s purchase of a stake in Brillio Holdings.
The purchase of a portion of Brillio Holdings, Inc. by Orogen-Brunson LP is the subject of the combination.
A limited partnership called Orogen-Brunson LP was established in the USA. It is a component of the Atairos Group, Inc. and Orogen Holdings LLC.
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The CCI said on Twitter on Tuesday that it has authorized the “acquisition of certain shareholding in Brillio Holdings, Inc. by Orogen-Brunson L.P.” A US-based provider of business solutions and worldwide technology consultancy, Brillio Holdings. Through its subsidiary Brillio India Technologies Pvt Ltd, the company operates there.
Deals that above a specific level need regulatory permission, which prevents unethical commercial practices and fosters fair competition in the marketplace.
