MiniMed Completes Separation From Medtronic
The exchange was 5.4 times oversubscribed, and newly issued MiniMed shares will be credited to tendering shareholders in book-entry form.
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7 Articles
MiniMed completes separation from Medtronic
Medtronic exchanged all of its remaining shares of the diabetes technology spinoff.
MiniMed completes split from Medtronic
MiniMed (Nasdaq: MMED) is celebrating its first day as an independent diabetes tech company, with the full completion of its spinoff from the Medtronic mothership. This week Medtronic reported the final results of its exchange offer for MiniMed stock, where it divested all of its remaining equity stake in the company through the swapping of […]
Medtronic Closes MiniMed Chapter With Share Cancellation as Pipeline Wins Pile Up
Medtronic has formally wrapped up its separation from MiniMed, accepting roughly 55 million of its own shares in exchange for the last block of stock it still held in the former subsidiary. The medical device maker disclosed the final tally of its exchange offer, which expired on October 9, confirming that it no longer owns […]
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