$MDT (Medtronic) — 8-K: Medtronic completes MiniMed separation, exchanges all 252,813,348 shares

Medtronic completed the separation of MiniMed Group, Inc., which now trades on Nasdaq as MMED. Medtronic exchanged all of its remaining interest in MiniMed, totaling 252,813,348 shares of MiniMed common stock, in its offer to exchange MiniMed shares for outstanding Medtronic ordinary shares, which was 5.4x subscribed. The separation is now complete, with Medtronic focusing on its Cardiovascular, Neuroscience and Surgical portfolios.

Medtronic completed the separation of MiniMed Group, Inc., which now trades on Nasdaq as MMED. Medtronic exchanged all of its remaining interest in MiniMed, totaling 252,813,348 shares of MiniMed comm