Mapfre to buy Safety Insurance for USD 1.54 billion in cash, or USD 105 a share - SAFT News | RalliesMapfre to buy Safety Insurance for USD 1.54 billion in cash, or USD 105 a share
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SAFT• Mapfre affiliate to acquire Safety Insurance in all-cash deal
- Mapfre affiliate to acquire Safety Insurance Group in an all-cash deal valued at about USD 1.54 billion.
- Safety shareholders to receive USD 105 per share, a 44% premium to the July 23, 2026 close.
- Deal expected to close in Q1 2027, subject to customary closing conditions and regulatory clearances.
- Safety to continue operating under its brand; management team expected to remain involved under Mapfre ownership.
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