Deals·October 15, 2026 at 10:00 AM EDT·2 sources
MiniMed completes separation from Medtronic
MMED +0.3%MDT
MMED · last 30 trading days+9.1% since the news
News
What happened
- MiniMed completed its separation from Medtronic on Oct. 15, marking its first day as an independent company.
- Medtronic exchanged all of its remaining shares of the diabetes technology spinoff, according to MedTech Dive.
Why it matters
The separation establishes MiniMed as a standalone public healthcare company and completes Medtronic’s exit from its remaining shares. It is relevant to M&A and sponsor professionals tracking corporate separations and medtech transactions.
Deal terms
spin off
MiniMed
Value
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Timeline
- EarlierOct 12Stryker to invest $400m in CMR Surgical, with option to buy it outright
- EarlierOct 14Medtronic Announces Final Results of MiniMed Group, Inc. Exchange Offer
- First reported by PR NewswireOct 15MiniMed Completes Separation from Medtronic
- MedTech Dive reportsOct 16MiniMed completes separation from Medtronic
Who is involved
MiniMed completes separation from MedtronicMiniMedMMED · targetMedtronicMDT
Company
Sources (2)
- PR NewswireOct 15MiniMed Completes Separation from Medtronic
- MedTech DiveOct 16MiniMed completes separation from Medtronic
Related
- Oct 19 · Medtronic plc: Executive or director change
- Oct 16 · MiniMed Group, Inc.: Change in control
- Oct 15 · Medtronic Named to TIME Best Inventions of 2026 List for Stealth AXiS™ surgical system and Corsano™* multi-parameter wearable
- Oct 14 · Medtronic Announces Final Results of MiniMed Group, Inc. Exchange Offer
- Oct 12 · Stryker to invest $400m in CMR Surgical, with option to buy it outright
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