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More news about Tarsons Products
09Apr 25
Tarsons Products Settles €15 Million Earn-Out Obligation Ahead of Schedule
Tarsons Products Limited, an Indian laboratory plasticware manufacturer, has announced the early settlement of a €15 million earn-out obligation. The company pre-closed and discharged this obligation, which was initially issued as a corporate guarantee to PN Beteiligugns GmbH on behalf of its Singapore subsidiary, Tarsons Life Science Pte. Ltd. This transaction has been reported to the Reserve Bank of India, demonstrating regulatory compliance. The early settlement potentially improves Tarsons' financial flexibility, demonstrates financial strength, and reduces its liabilities.