RecreateLayer should copy the transform as well.

ui/compositor/layer_owner.cc

Index: ui/compositor/layer_owner.cc
diff --git a/ui/compositor/layer_owner.cc b/ui/compositor/layer_owner.cc
index f406d8841a4ab88d681c8e3eeeaf93e3aeb6ebcb..44bb322ff6cdb07947cd7bd95a4e0e13a4971767 100644
--- a/ui/compositor/layer_owner.cc
+++ b/ui/compositor/layer_owner.cc
@@ -49,6 +49,7 @@ scoped_ptr<Layer> LayerOwner::RecreateLayer() {
   new_layer->SetFillsBoundsCompletely(old_layer->FillsBoundsCompletely());
   new_layer->SetSubpixelPositionOffset(old_layer->subpixel_position_offset());
   new_layer->SetLayerInverted(old_layer->layer_inverted());
+  new_layer->SetTransform(old_layer->GetTargetTransform());
   if (old_layer->type() == LAYER_SOLID_COLOR)
     new_layer->SetColor(old_layer->GetTargetColor());
   SkRegion* alpha_shape = old_layer->alpha_shape();