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    Brief: Safety Insurance Group Enters Into Merger Agreement With Mapfre For $1.54 Billion

    Picture of Mapfre SA logoMapfre SA
    23/07/2026 22:39
    BRIEF-Safety Insurance Group Enters Into Merger Agreement With Mapfre For $1.54 Billion
    July 23 (Reuters) - Safety Insurance Group Inc SAFT.O:
    • SAFETY INSURANCE GROUP, INC. ENTERS INTO MERGER AGREEMENT WITH MAPFRE FOR $1.54 BILLION
    • SAFETY INSURANCE GROUP - SHAREHOLDERS TO RECEIVE $105 PER SHARE IN CASH, 44% PREMIUM
    • SAFETY INSURANCE GROUP - TO BECOME WHOLLY-OWNED SUBSIDIARY OF MAPFRE U.S.A. CORP
    Source text: ID:nBw6R8dGma
    Further company coverage: SAFT.O

     ((Reuters.Briefs@thomsonreuters.com;))

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