Deals
Medtronic Irish Deal Covered by Rule Sparing Past Inversions
This article is for subscribers only.
Medtronic Inc., the Minnesota-based medical device maker that’s planning to take an Irish tax address, may become one of the biggest losers under rules announced by the Obama administration.
Among the likely winners is Horizon Pharma Plc, which just last week completed an address change, known as an inversion, from Illinois to low-tax Ireland.