Kennedy Wilson shares rise on deal talk

Shares in Kennedy Wilson Europe have surged after its sister US fund said it plans to acquire the firm in an all-shares deal.

Kennedy Wilson shares rise on deal talk

The property fund owns significant office and commercial holdings in Ireland and the UK.

The shares surged in London trade by almost 14% after US-based Kennedy- Wilson Holdings said the transaction would create a $8.2 (€7.65bn) global property giant.

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