March 20, 2018
Weil is advising Fidelity National Financial, Inc. (FNF) in its pending $1.2 billion acquisition of Stewart Information Services Corporation, one of the leading title insurance companies in the country, providing residential and commercial title insurance, closing and settlement services, appraisal and valuation services and other offerings to the real estate industry. The consideration will be paid 50% in cash and 50% in FNF common stock. The closing of the transaction is subject to customary closing conditions and is expected to close in the first or second quarter of 2019.
The Weil team advising FNF is led by Corporate Chairman and Mergers & Acquisitions partner Michael Aiello and includes Mergers & Acquisitions partner Sachin Kohli; Mergers & Acquisitions associates Andrea Ryken, Sarah Fries and Joseph Godio (Not Yet Admitted in New York); Tax, Executive Compensation & Benefits Co-Chair Paul Wessel; Antitrust partner John Scribner; Executive Compensation & Benefits counsel Steven Margolis; Tax associate Gary Silber; Executive Compensation & Benefits associate John Kleinjan; and Antitrust associates Kristin Sanford and Jonathan Cheng.