Medtronic Announces Final Exchange Ratio of 4.5939 in Split-Off of MiniMed Group, Inc.

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  "signal_type": "news",
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  "detected_at": "2026-10-07T21:31:00+00:00",
  "company": {
    "name": "Medtronic",
    "domain": "medtronic.com"
  },
  "data": {
    "url": "https://www.prnewswire.com/news-releases/medtronic-announces-final-exchange-ratio-of-4-5939-in-split-off-of-minimed-group-inc-302901675.html",
    "title": "Medtronic Announces Final Exchange Ratio of 4.5939 in Split-Off of MiniMed Group, Inc.",
    "excerpt": "GALWAY, Ireland , Oct. 7, 2026 /PRNewswire/ -- Medtronic plc (Medtronic; NYSE: MDT ) today announced the final exchange ratio for its previously announced offer to exchange outstanding Medtronic ordinary shares for shares of common stock of MiniMed Group, Inc. (MiniMed; Nasdaq: MMED ). Medtronic is offering to exchange up to 225,361,295 shares of MiniMed common stock for outstanding Medtronic ordinary shares in the exchange offer and, if the exchange offer is oversubscribed, Medtronic currently intends to exchange all of Medtronic's remaining interest in MiniMed (an additional 27,452,053 shares of MiniMed common stock), without extending the exchange offer period. For each Medtronic ordinary share that is validly tendered and not validly withdrawn by shareholders and that is accepted by Medtronic pursuant to the exchange offer, Medtronic will deliver 4.5939 shares of MiniMed common stock to or at the direction of any such tendering shareholder. The final calculated per-share value of Medtronic ordinary shares and the final calculated per-share value of MiniMed common stock, in each case determined in the manner described in the Prospectus filed by MiniMed with the U.S. Securities and Exchange Commission (the \"SEC\"), would have resulted in an exchange ratio of more than the upper limit of 4.5939. Accordingly, the final exchange ratio has been set at 4.5939 shares of MiniMed...",
    "summary": "Medtronic announced the final exchange ratio of 4.5939 shares of MiniMed common stock per Medtronic ordinary share for its split-off exchange offer of MiniMed Group, Inc.",
    "location": "Galway, Ireland",
    "planning": false,
    "image_url": "https://mmx.prnewswire.com/media/MS974964/Medtronic-Logo.jpg?id=OA2993540&p=facebook",
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    "published_at": "2026-10-07T21:31:00Z",
    "location_data": [
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        "region": "Northern Europe",
        "country": "Ireland",
        "continent": "Europe",
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    "effective_date": "2026-10-09",
    "article_sentence": "Medtronic plc (Medtronic; NYSE: MDT ) today announced the final exchange ratio for its previously announced offer to exchange outstanding Medtronic ordinary shares for shares of common stock of MiniMed Group, Inc. (MiniMed; Nasdaq: MMED ).",
    "related_company_name": "MiniMed Group, Inc.",
    "related_company_domain": "minimed.com"
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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"medtronic.com","limit":20}'