Medtronic Nixes Spinoff Plans For Monitoring And Respiratory Units
MDTMedtronic(MDT) Forbes·2024-02-23 00:14

(Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesDeal Overview On February 20, 2024, Medtronic MDT Corporation (NYSE: MDT, $85.90, Market Capitalization: $114.2 billion) in its 3Q24 earnings call announced that it no longer plans to spin-off its Patient Monitoring and Respiratory Intervention (PMRI) Business mainly on improved performance in Patient Monitoring business. Currently Medtronic business consist Cardiovascular Portfolio, Medic ...