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Kennedy-Wilson Agrees to Go Private for $1.5 Billion From CEO-Led Consortium
The consortium led by Kennedy Wilson CEO William McMorrow and Fairfax will pay $10.90 per share, a 46% premium, to take the company private and gain operational control.
- On Feb. 17, 2026, Kennedy-Wilson Holdings, Inc. entered a definitive Merger Agreement to be acquired in an all-cash deal by the Consortium led by William McMorrow and Fairfax for $10.90 per share, with shares to be deregistered upon closing.
- After a Nov. 4, 2025 proposal, a Special Committee of independent directors formed and Fairfax committed funding up to $1.65 billion with a 46% premium per share.
- The Board of Directors of Kennedy Wilson approved the Transaction after the Special Committee's unanimous recommendation, with Moelis & Company, Cravath, BofA Securities, and J.P. Morgan Securities advising parties.
- Fairfax will hold the majority economic interest after closing, the KW Management Group will retain operational control, and public stockholders of Kennedy Wilson will lose their equity interest if the Transaction is consummated.
- Regulatory and stockholder approvals are highlighted as possible hurdles and risks, Kennedy Wilson will file a Definitive Proxy Statement and Schedule 13E-3, and has suspended its fourth quarter and full-year 2025 earnings call while managing $31 billion of assets.
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Kennedy Wilson Enters into Agreement to be Acquired by Consortium Led by William McMorrow and Fairfax Financial
BEVERLY HILLS, Calif. and TORONTO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Kennedy-Wilson Holdings, Inc. (“Kennedy Wilson” or the “Company”) and Fairfax...
Fairfax Financial and CEO McMorrow to Take Kennedy Wilson Private in $1.65 Billion All-Cash Deal
The Beverly Hills-based real estate investment firm will delist from the NYSE after a management-led buyout backed by its longtime Canadian insurance partner. Kennedy Wilson, the Beverly Hills-based real estate investment company with $31 billion in assets under management, announced today that it has entered into a definitive merger agreement to go private in an […] The post Fairfax Financial and CEO McMorrow to Take Kennedy Wilson Private in $…
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Total News Sources12
Leaning Left3Leaning Right1Center3Last UpdatedBias Distribution43% Left, 43% Center
Bias Distribution
- 43% of the sources lean Left, 43% of the sources are Center
43% Center
L 43%
C 43%
14%
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