Baxter To Sell Its Kidney Care Unit To Carlyle For $3.8 Billion

By Forbes | Aug 19, 2024 at 04:19 PM EST

Baxter International Inc. and Carlyle have reached an agreement for Carlyle to acquire Baxter's Kidney Care segment for $3.8 billion. The deal is expected to close in late 2024 or early 2025. Baxter plans to use proceeds to reduce debt and focus on growth.

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