# Carlyle in exclusive talks to buy majority stake in Medtronic units

Carlyle Group entered exclusive negotiations to acquire a majority stake in two medical device businesses of Medtronic Plc, valued at over $7 billion.

- Type: Acquisition
- Announced: 2023-09-29
- Value: $7.00B
- Status: rumored
- Products: medical devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Carlyle Group](https://endata.com/companies/458.md) (acquirer)
- [Medtronic plc](https://endata.com/companies/19071.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/carlyle-exclusive-talks-7-bln-plus-medtronic-units-deal-sources-2023-09-29/), 2023-09-29: "Private equity firm Carlyle Group Inc has entered into exclusive negotiations to acquire a majority stake in two medical device businesses of Medtronic Plc at a valuation of over $7 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.