Medtronic will consolidate its businesses into two operating units, one for cardiac and vascular products and the other for spinal, diabetes and surgical technologies, according to a news release from ...

Medtronic plc revealed plans to spin off its underperforming diabetes unit as a separate public company during its fourth quarter 2025 earnings call on May 21. The company expects to complete the ...

Medtronic anticipates the separation of its diabetes business unit into a wholly separate entity to complete within 18 months.

Medtronic‘s (NYSE: MDT) diabetes unit, MiniMed Group, filed for a U.S. initial public offering (IPO) on Friday, as part of its separation from the medical devices maker. The Northridge, ...

Medtronic's diabetes care unit has grown faster than the rest of its business in recent years. However, the company decided to spin off this segment into a stand-alone corporation. Still, Medtronic ...