Medtronic Completes Separation of MiniMed Group, Inc.
PR Newswire•15/10/2026•10:00 ET
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Key Highlights
- ➤Medtronic completes separation of MiniMed Group, Inc.
- ➤Medtronic exchanges remaining 252,813,348 MiniMed shares for Medtronic ordinary shares
- ➤Exchange offer was 5.4x subscribed
- ➤Medtronic refocuses on Cardiovascular, Neuroscience and Surgical portfolios
Expert Statements
Geoff Martha, Chairman and Chief Executive Officer of Medtronic
“I'm incredibly proud of what MiniMed and Medtronic have accomplished together and the meaningful difference we've made in the lives of people with diabetes.”
Geoff Martha, Chairman and Chief Executive Officer of Medtronic
“Today's separation marks an important milestone for both companies as each moves forward with a clear strategic focus.”
Geoff Martha, Chairman and Chief Executive Officer of Medtronic
“For Medtronic, that means putting the full weight of our organization behind advancing innovation and fueling growth across our Cardiovascular, Neuroscience and Surgical portfolios.”
Medtronic Completes Separation of MiniMed Group, Inc. PR Newswire
GALWAY, Ireland, Oct. 15, 2026 /PRNewswire/ -- Medtronic plc (Medtronic; NYSE: MDT) today announced the completion of its separation of MiniMed Group, Inc. (MiniMed; Nasdaq: MMED).
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