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Medtronic acquires MiniMed for $48/share
18 Feb 2002
Executive Summary
Medtronic has acquired MiniMed (products to manage diabetes) for $48 per share (a (pr)10% premium to the market average), for a total of $3.2bn. Medtronic had previously made a $30mm equity investment in MiniMed in 1998.
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
- Monitoring Equipment & Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
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Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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Medtronic acquires MiniMed for $48/share
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