CVS Health plans to split in two. Here’s what is driving the massive healthcare breakup.
Headline from MarketWatch · First reported Nov 4, 1:44 AM ET () · Updated Nov 4, 8:31 AM ET · 4 sources, 4 articles
CVS Health
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What's being reported
The healthcare giant surprised analysts with the decision to separate its business.
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CVS Health plans to split in two. Here’s what is driving the massive healthcare breakup.
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CVS to split off drugstore business in major breakup of healthcare giant
The move would reverse the company's $78 billion acquisition of Aetna and dismantle the vertically integrated healthcare conglomerate it created in 2018.
CVS Health to break up $117bn healthcare empire
Spin-off of roughly 9,000 pharmacies comes as political pressure mounts on pharmacy benefit managers and health insurers
CVS Health To Split Into Two Companies As Pressure Mounts On Vertical Integration
CVS Health will split into two companies, putting its more than 9,000 drugstores under one business and its Aetna health insurance and pharmacy benefit operations into another.
