DaVita Inc

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Medtronic And DaVita Announce New Kidney Health Technology Company

Published: 05/26/2022 11:00 GMT
DaVita Inc (DVA) - Medtronic and Davita Announce New Kidney Health Technology Company.
Medtronic Plc - Companies Join Forces to Accelerate Kidney Care Device Innovation and Improve Patient Outcomes.
Medtronic Plc - Under Terms, Newco Will Be Co-owned by Medtronic and Davita, Each With Equal Equity Stakes.
Medtronic Plc - Under Terms, Newco Will Be Co-owned by Medtronic and Davita, Each With Equal Equity Stakes, and Led by an Independent Management Team.
Medtronic Plc - Medtronic Will Contribute Its Renal Care Solutions (rcs) Business Including Current Product Portfolio.
Medtronic Plc - No Other Medtronic Products Or Portfolios, Including Those in Av Access Portfolio in Peripheral Vascular Health Business, Are Included.
Medtronic Plc - Both Companies Will Provide an Initial Investment to Fund Newco and Future Certain Operating Capital.