Luxottica Group Acquires Oakley

Skadden is representing Oakley, Inc., the California-based retailer of sunglasses and sporting apparel, in its approximately $2.1 billion acquisition by Luxottica Group S.p.A., the Italy-based multinational designer of upscale eyeglasses and sunglasses. Oakley is a specialist in sports performance optics. Skadden has handled a variety of matters for Oakley for more than 15 years, including the firm's initial public offering.