CVS Health to split $117 billion business by 2028
In short
CVS Health plans to split its $117 billion business into two companies by 2028. The company will separate its retail pharmacies from Aetna insurance and pharmacy benefit operations.
What the reporting says
CVS Health will split its $117 billion business into two companies by 2028, separating its retail pharmacies from Aetna insurance and pharmacy benefit operations.
Why it matters
CVS Health plans to divide its $117 billion business into two companies by 2028, separating retail pharmacies from Aetna insurance and pharmacy benefit operations.