July 18, 2017 / 6:40 AM / 2 years ago

BRIEF-IP Group raises offer for Touchstone Innovations

July 18 (Reuters) - Ip Group Plc:

* Improved offer for Touchstone Innovations Plc

* IP Group announces terms of its improved offer for Touchstone

* Under terms of improved offer, each Touchstone shareholder to be entitled to receive 2.2178 new IP Group shares for each Touchstone share

* Touchstone shareholders would own about 34 percent; and IP Group shareholders would own about 66 percent of combined group Source text for Eikon: Further company coverage:

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