Macro Finance
CVS to split off drugstore business in major breakup of healthcare giant; shares fall 10%
CNBC Business·November 4, 2026·1 min read
CVS announced plans to split off its drugstore business, reversing its $78 billion acquisition of Aetna and dismantling the vertically integrated healthcare conglomerate created in 2018. Shares fell 10% on the news, reflecting investor concerns about the breakup's execution and future strategy.
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