---
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)
---

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


### Related Stocks

- [FBT.US](https://longbridge.com/en/quote/FBT.US.md)
- [IBBQ.US](https://longbridge.com/en/quote/IBBQ.US.md)
- [MDT.US](https://longbridge.com/en/quote/MDT.US.md)
- [XBI.US](https://longbridge.com/en/quote/XBI.US.md)
- [IHI.US](https://longbridge.com/en/quote/IHI.US.md)
- [LABD.US](https://longbridge.com/en/quote/LABD.US.md)
- [XLV.US](https://longbridge.com/en/quote/XLV.US.md)
- [SBIO.US](https://longbridge.com/en/quote/SBIO.US.md)
- [BIB.US](https://longbridge.com/en/quote/BIB.US.md)
- [IBB.US](https://longbridge.com/en/quote/IBB.US.md)
- [VHT.US](https://longbridge.com/en/quote/VHT.US.md)
- [XHE.US](https://longbridge.com/en/quote/XHE.US.md)

## Related News & Research

- [Medtronic Earnings Preview: What to Expect](https://longbridge.com/en/news/293613690.md)
- [This stock is knocking on the door of the dividend kings -- and Wall Street thinks it has room to run](https://longbridge.com/en/news/294232149.md)
- [Is Medtronic’s (MDT) Pain-Portfolio Pivot Offsetting Quality Scrutiny From Its Pediatric Cannula Recall?](https://longbridge.com/en/news/294229928.md)
- [Medtronic (MDT) Stock Looks Reasonable Despite Its 26% Five Year Decline](https://longbridge.com/en/news/293424776.md)
- [Accenture Stock And 2 Dividend Shares Yielding More Than 3%](https://longbridge.com/en/news/293835673.md)