Kennedy Wilson Acquired by Fairfax Financial Holdings | Real Estate Services M&A Deal

Fairfax Financial Holdings has completed the acquisition of Kennedy Wilson, a real estate services other business in California, for $1,650,000,000. Kennedy Wilson provides real estate services including property and investment management activities, supporting Fairfax Financial Holdings acquisitions in real estate services M&A. The Fairfax Financial Holdings acquisitions expand CA acquisitions exposure through a going private acquisition of Kennedy Wilson’s operating platform. The deal is structured as a going private acquisition with a private equity acquisition profile, valued at about $10.90 per share, and is expected to close following customary merger agreement conditions.