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News 2026-10-14 12:04 UTC

Medtronic completes exchange offer, exits MiniMed stake

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