Medtronic Sets MiniMed Split-Off Exchange Ratio at 4.5939 Upper Limit
Medtronic plc on October 7, 2026 announced the final exchange ratio of 4.5939 shares of MiniMed Group, Inc. common stock for each Medtronic ordinary share validly tendered and accepted in its split-off exchange offer, fixing the ratio at the offer's upper limit after the final calculated per-share values of the two stocks would have produced an exchange ratio above it. The final calculated per-share value of Medtronic ordinary shares and of MiniMed common stock, each determined in the manner…