Fairfax to Hold Majority Economic Stake
Upon closing — expected in the second quarter of 2026 — Fairfax Financial will hold a majority economic interest in Kennedy-Wilson. The firm is led by Canadian billionaire Prem Watsa.
Operational control, however, will remain with McMorrow and the CEO-led KW Management Group, ensuring continuity in day-to-day leadership even as ownership consolidates.
Legal counsel for the deal includes Latham & Watkins LLP and Ropes & Gray LLP, both advising Kennedy-Wilson on the transaction.
As the dust settles, kennedy wilson go private signals more than a buyout — it underscores a broader trend of companies retreating from public exchanges in pursuit of strategic breathing room. In the world of high finance, sometimes the boldest move is stepping out of the spotlight.
