May 23, 2017 / 9:42 AM / 3 months ago

BRIEF-Touchstone could not reach agreement over potential deal with IP

May 23 (Reuters) - Touchstone Innovations Plc

* Statement re possible offer

* Notes announcement of IP Group and confirms that touchstone was approached by IP Group regarding a potential combination

* An agreement on terms and governance could not be agreed prior to capital raise announced today by IP Group

* Any recommended proposal would need to reflect best interests of touchstone and its shareholders as a whole Source text for Eikon: Further company coverage:

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