May 18 (Reuters) - Icollege Ltd (ICT) :
- Announces improved terms to acquire Lara Group Plc
- Revised terms sheet supersedes and replaces term sheet and earn out agreement entered on 2 May 2017
- Aggregate consideration for purchase of Lara shares has been revised from 5 down to 3.5 times audited EBITDA2 of Lara group for FY2016 ending 31 Dec 2016
