Title and real estate services provider Stewart Information Services Corp. is raising nearly $130 million through a stock offering expected to close on Friday.

The capital raise comes roughly one month after Stewart announced its $330 million acquisition of the mortgage services division of property preservation provider Mortgage Contracting Services (MCS).

Stewart is offering 1.9 million shares of common stock at $68 per share. Underwriters also have a 30-day option to purchase up to 285,000 additional shares at the offering price. If exercised in full, the raise would total $148.6 million.

Goldman Sachs & Co. LLC is details ⇒

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