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BRIEF-IP Group receives possible offer from Invesco Asset Management, Lansdowne
May 23, 2017 / 11:17 AM / 7 months ago

BRIEF-IP Group receives possible offer from Invesco Asset Management, Lansdowne

May 23 (Reuters) - Ip Group Plc

* Update on possible offer

* Received irrevocable undertakings from Invesco Asset Management, Lansdowne Developed Markets Master Fund

* Irrevocable undertakings in connection with possible offer and a letter of intent from lansdowne in connection with possible offer

* Received irrevocable undertakings in support of possible offer from touchstone shareholders representing 74.3% of touchstone’s issued share capital

* Got non-binding letter of intent from Lansdowne in favour of co representing about 12.8% of share capital of Touchstone in issue on 31 Jan Source text for Eikon: Further company coverage:

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