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Medtronic sets final exchange ratio for MiniMed split-off
Medtronic said the final exchange ratio in its MiniMed split-off will be 4.5939 MiniMed shares for each Medtronic share accepted in the exchange offer. The offer expires at midnight New York City time on Oct. 9, 2026, unless extended or terminated.
Minimed Group raises 2027 organic revenue outlook after Q1 growth
Minimed Group said first-quarter organic revenue grew 16% to $843 million and lifted fiscal 2027 organic revenue growth guidance to 10.5%, while reaffirming a 16% adjusted EBITDA margin target.