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Medtronic to exchange shares for MiniMed Group stock

PUBLIC · MDTOct 07, 2026

Acquiring Company

Medtronic plc

Acquired Company

MiniMed Group

MinneapolisLos AngelesManufacturingBiotechnologyHealth CareMedicalMedical DeviceBiotechnologyHealth CareMedical

Description

Medtronic plc has announced an exchange offer to swap its ordinary shares for shares of MiniMed Group, Inc. Under the terms, Medtronic will deliver 4.5939 shares of MiniMed common stock for each Medtronic share tendered. The exchange offer is set to expire on October 9, 2026, unless extended. This move indicates Medtronic's intention to consolidate its relationship with MiniMed.

Company Information

Company

Medtronic plc

Location

Minneapolis, Minnesota, United States

About

Medtronic plc is the leading global healthcare technology company headquartered in Dublin, Ireland. The company's mission is to alleviate pain, restore health, and extend life by delivering innovative technologies that transform the lives of people around the world. With a global team of 95,000+ passionate people in over 150 countries, Medtronic's technologies and therapies treat 70 health conditions.

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Frequently asked

Who acquired MiniMed Group?

MiniMed Group was acquired by Medtronic plc, based in Minneapolis. The deal was reported on October 7, 2026. Medtronic plc is the leading global healthcare technology company headquartered in Dublin, Ireland. Medtronic plc is publicly traded (MDT) and operates in Manufacturing.

When did Medtronic plc acquire MiniMed Group?

Medtronic plc's acquisition of MiniMed Group was reported on October 7, 2026. Medtronic plc has announced an exchange offer to swap its ordinary shares for shares of MiniMed Group, Inc. Under the terms, Medtronic will deliver 4.5939 shares of MiniMed common stock for each Medtronic share tendered. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MiniMed Group do?

MiniMed Group, Inc. is a company focused on innovating healthcare solutions. It is a subsidiary of Medtronic plc, contributing to advancements in medical technology. It is publicly traded (MMED), operating in Biotechnology, and is based in Los Angeles.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.