The Daily Buyout
UndisclosedDivestiture / carve-outHealthcare & Life Sciences

Medtronic's MiniMed exchange offer oversubscribed

Medtronic will exchange all of its remaining 252.8 million MiniMed shares in an oversubscribed split-off, accepting about 55 million Medtronic shares at 4.5939 MiniMed shares each.

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