(Reuters)–Fidelity National Financial Inc , the No. 1 U.S. property title insurer, said it will sell an 85 percent interest in its personal lines business to WT Holdings for about $119 million.
Under terms of the agreement, WT holdings will acquire Fidelity National Insurance Co., Fidelity National Property and Casualty Insurance Co and FNIS Insurance Services.
Fidelity will retain a 15 percent minority ownership in the personal lines business.
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