Safety Insurance (SAFT) Stock Jumps 37% After $1.54B Mapfre Buyout Deal

TLDR

• Safety Insurance Group (SAFT) surged 37.58% after hours to $100.35 after announcing a $1.54 billion acquisition deal
• Spanish insurer Mapfre S.A. is buying SAFT through an affiliate in an all-cash transaction
• Shareholders will receive $105 per share — a 44% premium over Thursday’s closing price of $72.94
• The deal was unanimously approved by Safety’s board and is expected to close in Q1 2027
• The transaction is subject to shareholder approval, antitrust clearance, and Massachusetts insurance regulatory sign-off

Safety Insurance Group (SAFT) jumped 37.58% in after-hours trading on Thursday, hitting $100.35, after the company announced it had agreed to be acquired by an affiliate of Spain’s Mapfre S.A.

Safety Insurance Group, Inc., SAFT

The deal is structured as an all-cash transaction valued at approximately $1.54 billion.

Shareholders will receive $105 per share in cash. That represents a 44% premium over SAFT’s Thursday closing price of $72.94, which itself closed up 0.61% on the day.

The agreement was announced after the market closed on Thursday, July 24, 2026.

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