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Medtronic pays $408mm plus earn-out for Twelve

Executive Summary

Medtronic PLC is acquiring closely held Twelve Inc. for $408mm up front plus up to $50mm if its transcatheter mitral valve replacement device gains the CE mark.
Deal Industry
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Acquisition
    • Payment Includes Cash
    • Full Acquisition
    • Includes Earnout

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