Spain’s Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash
Safety Insurance Group, Inc. (SAFT) entered a merger agreement on July 23, 2026, to be acquired by Mapfre S.A. for $1.54 billion. Deal Structure: Safety shareholders will receive…
Written byAsif SuriaSource: InsideArbitrage
Safety Insurance Group, Inc. (SAFT) entered a merger agreement on July 23, 2026, to be acquired by Mapfre S.A. for $1.54 billion. Deal Structure: Safety shareholders will receive $105 for each Safety common share in cash, representing a 43.95% premium from the stock’s last close. Company Profile: Safety Insurance is a U.S.-based property and casualty