A&O Shearman advises Fairfax on USD1.65 billion consortium acquisition of Kennedy Wilson

As part of the transaction, Fairfax committed up to USD1.65bn of equity funding to the consortium, which is the amount necessary to fund the full cash purchase price of the transaction and certain other amounts required to be paid under the merger agreement. Closing is expected in Q2 2026, subject to satisfaction of a number of customary closing conditions. Upon closing, Kennedy Wilson’s common shares will be delisted from the NYSE and deregistered under applicable SEC rules.