Browsing Tag
MinuteClinic
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CVS Health to split into two as shares plunge 12.5% despite profit growth
CVS Health Corporation plans to separate its retail pharmacy business from its insurance, pharmacy benefit management and healthcare services operations by the first half of 2028. The announcement coincided with stronger quarterly earnings and higher guidance, yet a sharp share-price decline exposed doubts about whether dismantling the integrated structure will deliver greater shareholder value.