Kennedy Wilson is set to be acquired through a merger in which Kona Merger Subsidiary will merge into the company, leaving Kennedy Wilson as a wholly owned subsidiary of Kona Bidco. An amendment to the merger agreement added a closing condition requiring approval by at least two-thirds of the outstanding voting power across Kennedy Wilson common stock and its Series A, Series B and Series C preferred stock (including specified as-converted and warrant-based voting calculations). The required two-thirds vote excludes voting stock owned by William J. McMorrow, Matthew Windisch and In Ku Lee, as well as certain Fairfax Financial Holdings affiliates and each of their respective affiliates and associates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kennedy Wilson Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-009460), on March 16, 2026, and is solely responsible for the information contained therein.