Less than two months after the completion of the merger between Medtronic and Covidien, two powerhouse medical device companies with operations in Puerto Rico, top-level executives confirmed that the integration process will take about three years to complete.
As part of its 40th anniversary celebration on the island, Medtronic Puerto Rico awarded $300,000 in health grants to five Puerto Rican nonprofit entities to support them in their quest to increase access to the treatment of chronic diseases in disadvantaged communities.
Medtronic plc, a global developer of medical technology, services and solutions, announced Monday it has successfully completed the previously announced acquisition of Covidien plc, in a cash-and-stock transaction valued at some $49.9 billion.
Minneapolis-based Medtronic Inc. announced Tuesday that its shareholders approved the proposed $43 billion merger with chief rival Covidien, announced last June.
Medical device maker Medtronic Puerto Rico Operations Co. is marking a milestone — 40 years of presence on the island — with a strong track record and expectations for maintaining its status as a “hub” of innovation for the global giant.
Medical device maker Medtronic will be pumping $50 million into expanding its Juncos operation in the next three years, adding some 200 jobs in the process, company and government officials announced Friday.
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