Mergers & Acquisitions ·
Safety Insurance Group, Inc. entered into a definitive merger agreement with MAPFRE U.S.A. Corp. to be acquired in an…
SAFTSafety Insurance Group Inc
Safety Insurance Group, Inc. entered into a definitive merger agreement with MAPFRE U.S.A. Corp. to be acquired in an all-cash transaction valued at approximately $1.54 billion. Under the terms, shareholders will receive $105.00 per share in cash, representing a 44% premium over the stock price as of July 23, 2026. The transaction is expected to close in the first quarter of 2027, subject to regulatory approvals and stockholder consent. Safety Insurance Group, Inc. is a property and casualty insurance provider operating in New England.