Kennedy Wilson climbs after agreeing to $1.5 billion go-private deal

Kennedy-Wilson Holdings

17/02/2026 12:35

** Shares of real estate investment firm Kennedy-Wilson KW.N up 9.4% at $10.82 premarket

** Co to be taken private for $1.5 bln by consortium led by CEO William McMorrow and Fairfax Financial FFH.TO

** Co said the consortium would acquire all outstanding shares it does not already own for $10.90 apiece in cash, a 10.2% premium to the stock’s last close

** Co says the deal is expected to close in the second quarter of 2026

** As of last close, KW stock up 2.3% YTD after falling 3.2% in 2025

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))