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MiniMed Group priced its IPO at $20/share, trading on Nasdaq March 6, 2026, with Medtronic retaining 90%.
MiniMed Group Inc., a Medtronic subsidiary, has priced its IPO at $20.00 per share for 28 million shares, with trading beginning March 6, 2026, on Nasdaq under "MMED."
The offering, expected to close March 9, includes a 30-day option for underwriters to buy 4.2 million additional shares.
Medtronic will retain about 90% of MiniMed post-IPO, with proceeds used for general corporate purposes, debt repayment, and asset transfers.
The IPO is led by Goldman Sachs, BofA Securities, Citigroup, and Morgan Stanley.
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MiniMed Group fijó el precio de su IPO en $ 20 / acción, negociando en Nasdaq el 6 de marzo de 2026, con Medtronic reteniendo el 90%.