---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-122326"
form_type: "8-K"
ticker: "ONB"
cik: "0000707179"
company_name: "OLD NATIONAL BANCORP /IN/"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:18:59.945666+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Old National Bancorp to acquire Bremer Financial for $26.22 cash plus 4.182 ONB shares per Bremer share

## Summary
- Consideration per Bremer common share: $26.22 cash plus 4.182 shares of Old National common stock.
- Otto Bremer Trust, holding ~86% of Bremer shares, agreed to vote in favor under Trustee Voting Agreement.
- Old National entered forward sale agreement for 19,047,619 shares at $20.16 per share to help fund cash portion.
- Upon closing, Old National board will increase by one, appointing a trustee from Otto Bremer Trust.
- Transaction subject to Bremer shareholder approval, regulatory consents (OCC, Fed), and customary conditions.

## SEC filing metadata
- accession: 0001104659-24-122326
- form_type: 8-K
- ticker: ONB
- cik: 0000707179
- company_name: OLD NATIONAL BANCORP /IN/
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/707179/000110465924122326/0001104659-24-122326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/707179/000110465924122326/tm2429075d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-122326
- JSON: https://secwatch.observer/filing/0001104659-24-122326.json
- Plain text: https://secwatch.observer/filing/0001104659-24-122326.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.