Medtronic Announces Final Results of MiniMed Group, Inc. Exchange Offer
Medtronic announced final results of its exchange offer separating its remaining stake in MiniMed Group, which was oversubscribed and expired October 9, 2026. Medtronic will exchange its entire remaining interest — 252,813,348 MiniMed shares — for 55,032,401 Medtronic ordinary shares, with a final proration factor of 18.289133% applied to tendered shares other than odd-lot positions.
Key figures
- Proration factor
- 18.289133%
- Mdt shares accepted
- 55032401
- Minimed shares exchanged
- 252813348
- Mdt shares validly tendered
- 297521390
- Odd lot shares not prorated
- 757890
- Shares subject to proration
- 296763500
AI analysis
Red flags1 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.