BUZZ — Medtronic climbs on oversubscribed MiniMed share swap

* Shares of medical device maker Medtronic rise 2.8% to $90 * MDT says its previously announced offer to exchange MiniMed shares of MDT shares was oversubscribed * Following the exchange offer, MDT will no longer own any outstanding MiniMed shares * MDT first announced its intent to spin off its diabetes business, which is named MiniMed Group, last year * MiniMed shares down 4.3% to $19, down about 5% from its March 6 IPO price of $20 * Including session's moves, MDT stock down 5.1% YTD (Reporting by Darshan Kumar in Bengaluru) ((darshan.kumar@thomsonreuters.com)