This Real Estate Stock Is Up 11% Before The Bell – Here’s Why

Published : Feb 17, 2026, 06:10 PM IST
https://stocktwits.com/news-articles/markets/equity/why-did-kw-stock-gain-in-pre-market-today/cZRW1zbR4u4

Synopsis

The company announced an agreement to be acquired in an all-cash deal by a consortium led by Chairman and CEO William McMorrow and Fairfax Financial.

Shares of Kennedy-Wilson Holdings, Inc (KW) jumped 11% in pre-market trading on Tuesday after the company announced that it has agreed to be acquired in an all-cash deal by a consortium led by Chairman and CEO William McMorrow alongside Fairfax Financial Holdings.

The consortium will purchase all outstanding shares for $10.90 per share, a 46% premium to the company’s share price on Nov. 4, 2025, the last traded price ahead of a publicly disclosed acquisition proposal.

Fairfax has committed up to $1.65 billion to fund the transaction, including the cash purchase and redemption of certain preferred shares. The deal is expected to close in the second quarter of this year.

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