Added to YB: 2026-10-02
Pitch date: 2026-09-22
MMED [neutral]
MiniMed Group, Inc.
-14.97%
current return
Author Info
No bio for this author
Company Info
MiniMed Group, Inc. operates as a medical technology company that develops, manufactures, and markets medical equipment for the management of diabetes.
Market Cap
$5.5B
Pitch Price
$21.17
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.07
P/E
-16.32
EV/Sales
1.65
Sector
Health Care Equipment and Supplies
Category
special_situation
KEDM Lite Vol. 30 - MiniMed Group, Inc.
MMED (quick overview): MiniMed recently began trading independently after its Medtronic spin-off; the business represents roughly 10% of Medtronic’s revenue, is a key growth driver and has only a fraction of its former parent’s market capitalization. The immediate opportunity is Medtronic’s exchange offer — $100 of MiniMed stock for every $93 of Medtronic tendered by October 9 — worth about $700 for odd-lot holders.
Read full article (1 min)