Medtronic will carve out its patient monitoring and respiratory interventions businesses, which are part of its broader medical surgical portfolio, the company announced on 24 October.
Medtronic Cuts Away More: Spins Off Patient Monitoring And Respiratory Business
Medtronic announced plans to spin off its patient monitoring and respiratory interventions businesses, which currently provide revenues of over $2bn a year. The company previously signaled plans to make significant changes to its business portfolio.
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