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Medtronic completed the separation of MiniMed today. * The exchange covered its remaining 252,813,348 shares of MiniMed common stock in return for outstanding Medtronic ordinary shares. The previously announced exchange offer was 5.4 times subscribed. * The separation sharpens the company's focus on its Cardiovascular,
Medtronic completed an exchange offer, swapping its remaining 252,813,348 MiniMed shares for 55,032,401 Medtronic ordinary shares. The offer was oversubscribed, triggering pro rata acceptance for most tenders with a final proration factor of 18.29%. Holders of fewer than 100 Medtronic ordinary shares who tendered all s