MiniMed Group prices IPO at $20/share, raising $537.6M before expenses; Medtronic keeps 90% voting control

Filed March 6, 2026 · ~1 min read

Key Changes

• high

  MiniMed Group is offering 28,000,000 shares at $20.00 per share, raising $537.6 million before expenses for the company.

  The Offering verify on EDGAR →
• high

  After underwriting discounts of $0.80 per share, net proceeds to MiniMed are $19.20 per share, or $537.6 million before expenses.

  The Offering verify on EDGAR →
• high

  Medtronic will retain 90.03% of voting power after the offering (88.70% if underwriters exercise the over-allotment option).

  The Offering verify on EDGAR →