Announced
Financials
Tags
Public
Friendly
real estate insurance
United States
Merger
Property and Casualty Insurance
Failed
Synopsis
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."
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