Safety Insurance Group, Inc. Enters Into Merger Agreement With Mapfre for $1.54 Billion
Safety Insurance Group Inc. (
NASDAQ:SAFT) (“Safety”), one of the leading property and casualty insurers in Massachusetts and across New England, today announced that it has entered into a definitive agreement under which an affiliate of Mapfre S.A. ("Mapfre") will acquire Safety in an all-cash transaction valued at approximately $1.54 billion.
