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Stock Market & Financial Investment News

News Breaks
February 14, 2014
08:06 EDTKWKennedy Wilson looks to raise $1.25B from European property unit, Reuters says
Kennedy Wilson, the U.S. real estate investment fund, is planning to raise as much as $1.25B from a listing of its European property unit, betting on an improvement in the property markets of Ireland, Britain and Spain, reports Reuters. Reference Link
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August 18, 2014
07:35 EDTKWKennedy Wilson agrees to acquire Fairmont Hotel in St. Andrews
Kennedy Wilson announced that it has entered into an agreement to acquire the Fairmont Hotel, St Andrews, Scotland from SABD Holding Limited. The purchase price of approximately GBP 32.4M represents a price per key of c. GBP 155,000. The share acquisition is expected to complete in August 2014 and will be funded from the company’s cash resources.
August 6, 2014
17:26 EDTKWKennedy Wilson reports Q2 adj. EPS 72c, may not compare to consensus (10c)
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