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Deerfield-based Baxter International announced Monday that its CEO and board Chair José Almeida is retiring, effective immediately — an announcement that came just days after the company sold ...
Baxter’s sale of the kidney care business was part of a three-pronged strategy, announced by the company in 2023, to strengthen and transform the company.
On Tuesday, Baxter International Inc (NYSE:BAX) agreed to sell its Kidney Care segment, Vantive, for $3.8 billion to The Carlyle Group Inc (NASDAQ:CG) Baxter will receive approximately $3.5 ...
For 2023, Baxter reported kidney care accounted for $4.45 billion in sales, a 36.4% increase compared to the prior year and about 30% of Baxter’s overall sales. However, ...
Vantive, which formerly operated as Baxter’s Kidney Care segment, will invest $23 million in the headquarters site at 510 Lake Cook Road. Equipment manufacturer Caterpillar formerly occupied the ...
On August 13, 2024, Baxter International Inc. (NYSE: BAX, $36.12, Market Capitalization: $18.4 billion), a global medtech leader, and funds managed by global investment firm Carlyle (NASDAQ: CG ...
Baxter's kidney business could go to Carlyle for over $4B: report By Jon Asplund Jon Asplund is a contributing reporter covering health care for Crain’s Chicago Business.
Baxter International has agreed to sell its kidney care business to investment group Carlyle for $3.8 billion, according to a press release.Baxter had originally announced its intention to create ...
US medtech giant Baxter has announced today (13 August) the signing of a definitive agreement divesting itself of the kidney care segment, handing the business over to global investment company ...
Baxter to sell its kidney-care business in a $3.8 billion deal to Carlyle Group Net proceeds of about $3 billion will be used to pay down debt Last Updated: Aug. 13, 2024 at 8:07 a.m. ET First ...
In 2022, Baxter started exploring options for its kidney-care units after completing its $10.5-billion takeover of medical-equipment maker Hill-Rom. It began the process of carving out Vantive ...