In Brief (November 2012)

1. Clyde & Co LLP has advised Kingspan Group plc, an Irish listed company and a leading manufacturer of a range of products for the construction industry, on its strategic acquisition of Rigidal Industries LLC, a leading Middle Eastern manufacturer of composite panels and roofing systems based in Dubai.

2. DLA Piper has advised K-REIT Asia in a cross-border joint venture with Mirvac Property Group for the redevelopment of the Old Treasury Building site in Perth. Under the deal, announced to the ASX and SGX, the joint venture partners will undertake an AUD 330m re-development and then own the new 40,000 sqm office tower development.

3. King & Spalding represented Samba Financial Group as the lead arranger on a SAR517 million (USD137.9 million) Shari'ah-compliant acquisition financing, with the facility increased by a further SAR200 million (USD53.3 million) on September 30, 2012. The team was led by Islamic Finance partner, Nabil Issa.