M&A
confidence high
sentiment positive
materiality 0.90
Safety Insurance to be acquired by Mapfre for $1.54B, $105/share cash, 44% premium
SAFETY INSURANCE GROUP INC
- All-cash deal at $105/share, 44% premium over July 23 closing price.
- Total enterprise value ~$1.54B; expected close Q1 2027.
- Subject to Safety shareholder vote, MA Insurance Commissioner, HSR clearance.
- Safety to operate under its brand; management to remain post-close.
- Jefferies served as financial advisor; DLA Piper as legal advisor.