---
title: "Medtronic’s diabetes unit MiniMed seeks up to $784M in U.S. IPO"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276733665.md"
description: "MiniMed Group (MMED) plans to raise up to $784M in its U.S. IPO, separating from parent Medtronic (MDT). The company aims to offer 28M shares priced between $25.00 and $28.00 on Nasdaq under the ticker MMED. At the midpoint price of $26.50, MiniMed expects to generate $712.32M in net proceeds, potentially valuing the company at $7.9B. Medtronic will retain approximately 90% ownership post-listing, with Goldman Sachs and BofA Securities as underwriters."
datetime: "2026-02-24T12:32:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276733665.md)
  - [en](https://longbridge.com/en/news/276733665.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276733665.md)
generator: "portal-rs"
---

# Medtronic’s diabetes unit MiniMed seeks up to $784M in U.S. IPO


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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**