The $43 billion mega-merger of Medtronic and Covidien could see completed by January 29, according to a regulatory filing dated January 12, 2015.
According to the filing:
“Covidien plc announced that the Irish High Court has set January 26, 2015 to hear the Company’s petition to sanction the scheme of arrangement under which Medtronic, Inc. will acquire the Company. This action follows a hearing before the Irish High Court earlier today. If the Irish High Court sanctions the scheme of arrangement at the January 26, 2015 hearing, the Transaction is expected to close on or prior to January 29, 2015.”
The merger has been approved by shareholders of both companies and all regulatory agencies.