M&A · Financials · Buyer's industry: National Commercial Banks
Old National Bancorp to acquire Bremer Financial Corporation
Announced Nov 25, 2024 · Closed May 1, 2025 · Private target
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock$26.22 per share
Transaction
- Acquirer
- Old National Bancorp (ONB)
- Target
- Bremer Financial Corporation
- Buyer type
- Strategic
- Offer price per share
- $26.22
- Enterprise value
- —
- Status
- Closed May 1, 2025
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Financials
- Buyer's industry
- National Commercial Banks