Kona Bidco to Take Kennedy Wilson Private at $10.90

Kona Bidco, LLC has entered into an agreement and plan of merger with Kennedy-Wilson Holdings, Inc. under which Kona Merger Subsidiary will merge with and into Kennedy Wilson. The proxy materials describe a cash consideration of $10.90 per share for each share of Kennedy Wilson common stock outstanding immediately before the effective time, subject to the merger agreement terms and exclusions.

The filing also references a consortium of parties that includes certain affiliates of Fairfax Financial Holdings and individual investors, and it notes an amendment to the merger agreement dated March 15, 2026. The special meeting of stockholders is scheduled for 2026, with the proxy statement dated March 20, 2026.