International business law firm Lawrence Graham has acted for Singapore based Archipelago Resources Plc ("Archipelago") in relation to the takeover offer announced today by PT Rajawali Corpora valuing Archipelago at £340m.

Dubai-based corporate partner Tim Casben led the transaction with assistance from corporate senior associate Rebecca Gordon in London.  White & Case acted for PT Rajawali Corpora.

Tim Casben said: "This represents another example of the high value M&A work carried out by Lawrence Graham in the last two years during which time it has advised on well over £4 billion of deals.  We are the number one legal adviser to AIM companies ranked by market capitalisation.

"The deal also further demonstrates the value of Lawrence Graham's international reach following the opening of its newest office in Singapore last year through which we expect to generate an increasing deal flow from South East Asia and the Far East."