Skip to main content

Fidelity National Financial Acquires Stewart Information Services

Mar 19, 2018
Fidelity National Financial (FNF) has announced the launch of its new Digital Closing Hub, available to FNF title agents nationwide

Fidelity National Financial Inc. (FNF) has announced the acquisition of the title insurance company Stewart Information Services Corporation for $1.2 billion. FNF will enact the transaction through a combination of cash, debt financing and the issuance of FNF common stock to Stewart stockholders.
 
"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." 
 
The transaction is expected to close in either the first or second quarter of 2019. Stewart noted that if the deal is not completed for failure to obtain the required regulatory approvals, Fidelity is required to pay a reverse break-up fee of $50 million to Stewart.

 
About the author
Published
Mar 19, 2018
Homebuilders Cheer Delay Of Trump Trade War

Canada and Mexico stave off tariffs on billions of dollars of materials crucial to the U.S. homebuilding industry

Feb 04, 2025
OCMBC President Arrested For DUI, Murder

Serene Vernon (Rosenberg) had three prior convictions, per a police report

Feb 02, 2025
Trump Fires CFPB Director Chopra

Chopra posts a letter to X with his final statements

American Heritage Lending Halts Funding Loans In Maryland

AHL suspended the ability to lock new consumer loans in Maryland, effective immediately

Jan 31, 2025
Katie Sweeney Joins Rocket Pro To Lead Broker Strategy, Advocacy

The former AIME chairwoman and CEO asks the broker community, particularly Rocket Pro’s brokers, to trust her. 

Jan 29, 2025
CoreLogic Chief Economist On Witnessing The Insurance Crisis Firsthand

"I could have lost all my equity,” says Selma Hepp, who lives and works on the frontline of housing's biggest challenge in 2025

Jan 20, 2025