The Online Investor
Daily M&A
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Nov. 27, 2:28 PM

Slide #65. Medtronic plc Medicrea International

Acquirer: Medtronic plc (NYSE:MDT)
Acquiree: Medicrea International
Details: Medtronic plc (NYSE:MDT), the global leader in medical technology, today announced that it has completed its friendly tender offer for France-based Medicrea International (Euronext Growth Paris: FR0004178572 ALMED Medicrea; OTCQX Best Market MRNTF), a pioneer in the transformation of spinal surgery through artificial intelligence (AI), predictive modeling and patient specific implants. On July 15, 2020, the parties announced a friendly voluntary all-cash tender offer at the price of 7.00 per Medicrea share. As a result of completion of the tender offer, Medtronic currently owns in excess of 90% of Medicrea's share capital and voting rights and will shortly request the implementation of a squeeze-out procedure under French law, which will result in Medicrea becoming a wholly-owned subsidiary of Medtronic.

Medtronic is a medical technology, services and solutions company. Co.'s four operating and reportable segments are: Cardiac and Vascular Group, which is made up of the cardiac rhythm and heart failure, coronary and structural heart, and aortic, peripheral and venous divisions; Minimally Invasive Therapies Group, which is made up of the surgical innovations and respiratory, gastrointestinal, and renal divisions; Restorative Therapies Group, which is made up of the brain therapies, spine, specialty therapies, and pain therapies divisions; and Diabetes Group, which develops, manufactures, and markets products and services for the management of Type 1 and Type 2 diabetes.

Medtronic SEC Filing Email Alerts Service

Open the MDT Page at The Online Investor »

Company Name:  Medtronic PLC
Stock buyback:  MDT buyback
Sector:  Medical Instruments & Supplies
Number of ETFs Holding MDT:  111
Total Market Value Held by ETFs:  $17.58B
Total Market Capitalization:  $152.31B
% of Market Cap. Held by ETFs:  11.54%

Open the MDT Page at The Online Investor (in a new window) »

November 27, 2020    2:28 PM Eastern
Quotes delayed 20 minutes

Strong Buy (3.62 out of 4)
66th percentile
(ranked higher than approx. 66% of all stocks covered)

Analysts' Target Price:
MDT Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Mergers & Acquisitions | | Copyright © 1998 - 2020, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.