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Medtronic's MiniMed Group Seeks $100M IPO Amid Losses

12/20/2025

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Summary

Story summary

Medtronic's MiniMed Group filed for an Initial Public Offering (IPO) with the SEC, seeking up to $100 million.
MiniMed Group posted a net loss of $21 million on $1.48 billion in six-month sales as of Oct. 24, 2025.
MiniMed Group plans to use IPO proceeds to repay debt to Medtronic.
Medtronic will retain at least 80.1% voting power post-IPO.

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Story summary

Medtronic's MiniMed Group filed for an Initial Public Offering (IPO) with the SEC, seeking up to $100 million.
MiniMed Group posted a net loss of $21 million on $1.48 billion in six-month sales as of Oct. 24, 2025.
MiniMed Group plans to use IPO proceeds to repay debt to Medtronic.
Medtronic will retain at least 80.1% voting power post-IPO.