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CVS Health Plans to Break Up Its Healthcare Conglomerate
Original: cvs health
CVS Health is reportedly planning to break up its sprawling healthcare conglomerate, according to Bloomberg. The move would unwind the combination of its pharmacy chain, Aetna insurance business and pharmacy benefit manager, a structure built through major mergers in recent years. The reports are drawing wide attention as markets and analysts weigh what a split would mean for the company's future.
Why now: Reports that one of America's largest healthcare companies intends to split itself apart are major business news with wide implications for the industry.
Evidence
- CVS Plans to Break Up Healthcare Conglomerate, Reports Say · Bloomberg.com
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