Minute Insight: Medtronic May Sell Respiratory And Monitoring Units To Private Equity

Reuters reported that global private equity firm Carlyle Group has offered to pay at least $7bn for Medtronic’s patient monitoring and respiratory interventions businesses. Medtronic announced its plan to get out of those businesses about one year ago.

Minute Insight
• Source: Citeline/Alamy

Medtronic may have found a buyer for the ­patient monitoring and respiratory interventions businesses it put on the block about a year ago.

Citing “people familiar with the matter,” Reuters reported that Medtronic expects to sell the two businesses to private equity firm...

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