M&A
confidence high
sentiment neutral
materiality 0.70
Baxter explores potential sale of Kidney Care business to private equity; spinoff still possible
BAXTER INTERNATIONAL INC
- Baxter discloses discussions with select private equity investors regarding a potential sale of its Kidney Care business.
- No final decision on separation structure; spinoff remains an option and progress continues.
- Baxter reaffirms commitment to separate Kidney Care business in the second half of 2024.
- The update is provided as Regulation FD disclosure; forward-looking statements caution.