Safety Insurance Group entered into an Agreement and Plan of Merger with MAPFRE U.S.A. Under the deal, Splash Merger Sub will merge into Safety Insurance Group, and shareholders will receive $105.00 in cash per share, with the company becoming a wholly owned subsidiary of MAPFRE U.S.A. The transaction is subject to shareholder approval, antitrust clearance, approval by the Massachusetts Commissioner of Insurance, and other customary conditions.
Agreement details:
- Agreement type: Agreement and Plan of Merger
- Counterparty: MAPFRE U.S.A.
- Signed / Effective: Jul 23 2026 / N/A
- Duration / Termination: Until closing
- Reason: Take-private sale to strategic buyer for cash
Original SEC Filing:
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