Kennedy-Wilson jumps on CEO and Fairfax-led acquisition offer

Kennedy-Wilson Holdings

05/11/2025 17:18

** Shares of real estate investment firm Kennedy-Wilson Holdings KW.N jump nearly 31% to about $9.80

** Co receives acquisition proposal from consortium led by its CEO William McMorrow and Fairfax Financial Holdings FFH.TO

** Co is offered a purchase price of $10.25 per share, representing a 37.2% upside on stock's last close

** Including session moves, shares down about 2.2% YTD

(Reporting by Parth Chandna)

((Parth.Chandna@thomsonreuters.com;))