Biotech
CVS Health Plans to Split Up Its Massive Business
CVS Health is looking to break its giant empire into smaller companies after a successful two-year turnaround.

CVS Health wants to break apart its massive healthcare empire. The company spent years buying pharmacies and insurance plans. Now, leaders want these units to stand on their own feet.
A two-year plan to fix the business helped make this choice possible. Wall Street analysts say the retail drugstores run well on their own. The Aetna insurance arm also brings in steady cash. Breaking up could help each piece grow on its own path.
For everyday shoppers, your local drugstore will stay open. For investors, this split could unlock fresh value. Focused companies find it easier to adapt and win in healthcare today.
Source: CNBC
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