CVS to split off drugstore business in major breakup; shares fall 10%
The move would unwind CVS's $78 billion Aetna acquisition and dismantle the vertically integrated healthcare conglomerate built since 2018.
Read at CNBC →Full coverage · 8 outlets
- CNBC · lead
- Fierce HealthcareCVS Health plans to split pharmacy business from Aetna, Caremark
- NBC NewsCVS Health to split in two, separating pharmacy business from insurance
- Central Oregon DailyCVS to break up $117 billion business, separating pharmacies from insurance; shares fall
- KSL NewsCVS to split into two companies, in major breakup of its $117B healthcare empire
- Yahoo FinanceCVS Health moves to dismantle $117bn healthcare empire
- MarketBeatCVS News Today | Why did CVS Health stock drop today? $CVS
- MSNCVS to split off drugstore business in major breakup of healthcare giant