MMED - Public offerings

Medtronic shareholders can exchange their Medtronic ordinary shares for shares of MiniMedProvides Medtronic shareholders with option for a generally tax-free exchange for U.S. federal income tax purposesGALWAY, Ireland, Sept. 14, 2026 /PRNewswire/ -- Medtronic plc ((Medtronic, NYSE:MDT) today announced that it has commenced an exchange offer to split off at least 80.1% of the shares of MiniMed Group, Inc. ((MiniMed, NASDAQ:MMED). MiniMed, formerly Medtronic's Diabetes business, completed its initial public offering in March 2026 with Medtronic retaining an approximately 90% ownership interest in MiniMed. Through the exchange offer, Medtronic shareholders can exchange their Medtronic ordinary

NORTHRIDGE, Calif., March 9, 2026 /PRNewswire/ -- MiniMed Group, Inc. ((MiniMed, NASDAQ:MMED) today announced the closing of its previously announced initial public offering (IPO) of 28,000,000 shares of its common stock at a price to the public of $20.00 per share. The shares began trading on the Nasdaq Global Select Market (Nasdaq) on March 6, 2026 under the symbol "MMED." As of the closing of the IPO, Medtronic plc (Medtronic) owns approximately 90.03% of MiniMed common stock. Medtronic has previously stated that its preferred path to complete the separation is a split-off.Af