Fairfax Financial Completes All-Cash Acquisition of Kennedy-Wilson
Kennedy-Wilson (KW) announced the successful closing of the previously announced all-cash acquisition of Kennedy Wilson by Fairfax Financial (FRFHF), William McMorrow, Chairman and CEO of Kennedy Wilson, and certain other senior executives of Kennedy Wilson pursuant to the terms of the Agreement and Plan of Merger, dated as of February 16, 2026. The transaction was approved by Kennedy Wilson stockholders in a special meeting held on Wednesday, June 10. Under the terms of the Merger Agreement, holders of Kennedy Wilson common stock outside of the new ownership group will receive $10.90 per share in cash.