Deal Overview On May 21, 2025, Medtronic plc (NYSE: MDT; $87.44, Market Capitalization: $112.1 billion), a global leader in medical technology, announced its intent to spin off its Diabetes business ...
Medtronic announced a spin-off of its diabetes business in May, which will be completed in 2026 and be immediately accretive to its EPS, operating, and gross margins. The spin-off will enable the ...
Upgrading Medtronic to 'Strong Buy' with a $104 fair value, driven by the diabetes business spin-off catalyst. Divesting diabetes enables Medtronic to focus on core cardiac and surgical markets, ...