SAFETY INSURANCE GROUP INC 8K

Safety Insurance Group, Inc. agreed to be acquired by an affiliate of Mapfre S.A. in a $1.54 billion all-cash merger at $105 per share, expected to close in Q1 2027 pending approvals.

On July 23, 2026, Safety Insurance Group, Inc. announced that it entered into a definitive merger agreement under which a subsidiary of Mapfre U.S.A. Corp., an affiliate of Mapfre S.A., will merge with and into Safety in an all-cash transaction valuing Safety at approximately $1.54 billion, with Safety shareholders receiving $105 per share, a 44% premium to the July 23, 2026 stock price; upon closing, expected in the first quarter of 2027 subject to shareholder approval, regulatory clearances including from the Massachusetts Commissioner of Insurance and under the Hart-Scott-Rodino Act, and other customary conditions, Safety will become a wholly owned subsidiary of Mapfre U.S.A. Corp. while continuing to operate under the Safety brand, with its management team remaining in place and the combined organization expected to benefit from greater financial strength, scale, and technological capabilities.

Filing Facts

CIK

1172052

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-086331

Alert Tier

8