CVS Health to Split in Two, Separating Pharmacy From Insurance
CVS Health said it will separate its retail pharmacy business from its insurance and pharmacy-benefit operations, unwinding the healthcare conglomerate it built through acquisitions.
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11:37:02 AM UTC
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CVS plans a tax-free separation into a healthcare solutions company and a retail pharmacy/community
CVS Health NYSE:CVS said on Wednesday it will split into two companies, separating retail pharmacy from its insurance and pharmacy-benefit operations in a major unwinding of the healthcare conglomerate it spent years building through acquisitions.The split comes amid growing scrutiny from lawmakers…