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Baxter International Inc. signed a definitive agreement to divest its Kidney Care segment (Vantive) to funds managed by Carlyle for $3.8 billion. Baxter will receive approximately $3.5 billion in cash.
“Baxter International Inc. and funds managed by global investment firm Carlyle today announced that they have signed a definitive agreement under which Carlyle is to acquire Baxter’s Kidney Care segment, to be named Vantive, for $3.8 billion.”carlyle.com
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