Fidelity National Financial to acquire Stewart Information Services for $1.2bn.

Fidelity National Financial, an international provider of financial services technology and outsourcing services, agreed to acquire Stewart Information Services, a customer-driven, technology-enabled, and strategically competitive real estate information, title insurance and transaction management company, for $1.2bn. "We are excited to welcome Stewart, its employees and its customers to the FNF family," said FNF Chairman William P. Foley, II. "The venerable Stewart brand has a long and respected history in the title insurance industry and we see tremendous potential in working with the Stewart management team to invest in and grow the Stewart brand on a national basis as part of our long-time, successful strategy of operating multiple title insurance brands under the FNF umbrella."