Kennedy-Wilson to Be Taken Private at $10.90 Cash, 46% Premium
Kennedy-Wilson agreed to be acquired by a William McMorrow-led consortium at $10.90 per share in cash, a 46% premium over its November 4, 2025 price. The transaction, expected to close in Q2 2026 pending approvals, allows two $0.12 quarterly dividends and will remove the company from the NYSE.
1. Acquisition Agreement
Kennedy-Wilson has entered a definitive agreement to be acquired by a consortium led by CEO William McMorrow for $10.90 per share in cash, representing a 46% premium over the closing price on November 4, 2025. A special committee unanimously recommended the transaction, which received board approval.
2. Dividend Provision
Under the merger terms, the board may declare up to two quarterly dividends of $0.12 per share to common stockholders, payable prior to securing necessary stockholder and regulatory approvals.
3. Timeline and Delisting
The transaction is expected to close in Q2 2026, subject to stockholder and regulatory approvals. Upon completion, Kennedy-Wilson will cease trading on the New York Stock Exchange and will be deregistered under SEC rules.