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BRIEF-SDL agrees to sell social intelligence activities businesses
April 20, 2017 / 6:32 AM / 5 months ago

BRIEF-SDL agrees to sell social intelligence activities businesses

April 20 (Reuters) - SDL Plc:

* Disposal of social intelligence

* Announces an agreement to sell its social intelligence activities to Social Data Intelligence LLC

* Completion of transaction is expected on May 2, 2017

* Immediate cash consideration for social intelligence business disposal is 1 stg

* Has agreed to subscribe for a $1 million unsecured 2027 loan note issued by SDIL Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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