Medtronic Diabetes Business MiniMed Seeks $784 Million in US IPO

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MiniMed Group Inc., a diabetes management company being separated from Medtronic Plc, aims to raise up to $784 million in its initial public offering. The firm plans to offer 28 million shares at a price range of $25 to $28 each, potentially valuing the company at approximately $7.86 billion at the top end. This move was disclosed in a recent SEC filing.

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