Mapfre to buy Safety Insurance for USD 1.54 billion in cash, or USD 105 a share

Reuters2026/07/23 21:01

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safety Insurance Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260723192248) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Mapfre to buy Safety Insurance for USD 1.54 billion in cash, or USD 105 a share

You may also like

Crypto prices