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Mergers & Acquisitions

May 5, 2011

Latham & Watkins Guides Volcom Sale

A group of Latham & Watkins LLP lawyers guided sports apparel company Volcom Inc.'s sale to French giant PPR S.A. for $607.5 million.


By Robert Pierce


Daily Journal Staff Writer


A group of Latham & Watkins LLP lawyers guided sports apparel company Volcom Inc.'s sale to French giant PPR S.A. for $607.5 million.


PPR, a holding company that controls brands such as Gucci, Yves Saint Laurent and Balenciaga, made a cash tender offer for all of Volcom's shares at $24.50 per share, a 37 percent premium over the three month average trading price. The deal, which was annou...

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