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Baxter International’s Strategic Divestment and Leadership Changes

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Baxter International’s Strategic Divestment and Leadership Changes

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Baxter International ( (BAX) ) just unveiled an announcement.

On January 31, 2025, Baxter International Inc. completed the sale of several entities, including Vantive Health LLC and Gambro Renal Products, to a consortium of buyers for approximately $3.71 billion in cash after adjustments. This transaction marks a significant divestment for Baxter, likely impacting its strategic focus and operations, as well as the stakeholders involved, including the transition of Chris Toth from his executive roles.

More about Baxter International

YTD Price Performance: 11.28%

Average Trading Volume: 4,730,978

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $16.62B

Find detailed analytics on BAX stock on TipRanks’ Stock Analysis page.

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