Language services group RWS said it had secured more backing for its share-based £854m takeover of rival SDL. RWS said it had received a letter of intent to accept the bid from Invesco Asset Management in respect to its 4.3% holding in SDL. It said it now had irrevocable undertakings and letters of intent in respect of around 38.2% of SDL's existing share capital supporting the deal. RWS has offered SDL shareholders 1.2246 new RWS shares for each SDL share.
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