Baxter (BAX) recalls Life2000 ventilators due to damaged battery charger dongles, posing a risk of device failure
Shares of the Deerfield, Illinois-based firm rose more than 4%. Medical device maker Baxter said in March it had been in discussions with select private equity investors to explore a potential sale of the kidney care unit more than a year after it announced plans to separate the unit amid supply-chain challenges and weak demand for dialysis operations. Baxter declined to comment while Carlyle did not immediately respond to a Reuters request for comment.