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MMED News

US IPO Weekly Recap: Diabetes medtech MiniMed slides 8% in a quiet week for IPOs

MMED

The March IPO market started off with a quiet week. MiniMed Group (MMED) completed the week’s sole IPO, joined by two SPACs, and just one small issuer joined the pipeline. Medtronic carve-out MiniMed priced below the range to raise $560 million at a $5....read more

Medtronic diabetes business carve-out MiniMed prices IPO at $20, below the range

MiniMed Group logo

MiniMed Group, a carve-out of Medtronic's diabetes management devices and technology business, raised $560 million by offering 28 million shares at $20, below the range of $25 to $28. At the pricing, the company commands a market cap of $5.6 billion. Being...read more

US IPO Week Ahead: Medtronic carve-out MiniMed to kick-off March calendar

MMED

One large IPO is currently scheduled in the week ahead, although some smaller issuers may join the calendar throughout the week. Medtronic diabetes business carve-out MiniMed (MMED) plans to raise $742 million at a $7.4 billion market cap. MiniMed focuses...read more

Medtronic diabetes business carve-out MiniMed sets terms for $742 million IPO

MiniMed Group logo

MiniMed Group, a carve-out of Medtronic's diabetes management devices and technology business, announced terms for its IPO on Tuesday. The Northridge, CA-based company plans to raise $742 million by offering 28 million shares at a price range of $25 to $28. ...read more