Medtronic Finalizes Exchange Ratio for MiniMed Spin-off

Key Facts

1Medtronic has finalized the exchange ratio for the spin-off of its MiniMed unit.

Medtronic has finalized the exchange ratio for the spin-off of its MiniMed unit. Investing.com reported that the company is proceeding with a corporate restructuring to establish MiniMed as an independent entity.

Medtronic (0Y6X.L) closed at $86.89 on October 6, 2026, while MMED closed at $19.64 on the same date. The finalization of these terms provides clarity on the transaction structure for shareholders without altering the fundamental value of the company.