In a regulatory filing, the company said, “On November 4, 2025, Kennedy-Wilson Holdings received a proposal letter from William McMorrow, our Chairman and Chief Executive Officer, and Fairfax Financial Holdings Limited to acquire all of the outstanding common stock of the company not owned by the Consortium for $10.25 per share, payable in cash. The Board of Directors of the company has formed a special committee to carefully evaluate the terms and conditions of the proposal. No assurance can be given that a definitive agreement with respect to the Consortium’s proposal will be executed or that any potential transaction will be consummated. The company does not undertake any obligation to provide any updates with respect to any transaction, except as required under applicable law.”
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