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CVS to split off drugstore business in major breakup of healthcare giant

CNBC Business·November 4, 2026·1 min read
CVS to split off drugstore business in major breakup of healthcare giant

CVS announced plans to split off its drugstore business, reversing its $78 billion acquisition of Aetna and dismantling the vertically integrated healthcare conglomerate it created in 2018. The breakup marks a major strategic shift for the healthcare giant, separating its retail pharmacy operations from its insurance arm.

Read at CNBC Business
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