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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,
MiniMed completed its separation from Medtronic and is now fully independent. Medtronic accepted 55,032,401 of its shares for 252,813,348 MiniMed shares via an exchange offer that was 5.4x subscribed.Material DetailsContext by AI AnalystThis is a late-stage confirmation of a known separation, marki…
MiniMed announced completion of its separation from Medtronic and its first day as an independent company.