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Mid 45 Corporate cnbc · 2026-11-05 05:40 (Asia/Shanghai)

CVS to split off drugstore business in major breakup of healthcare giant; shares fall 10%

The move would reverse the company's $78 billion acquisition of Aetna and dismantle the vertically integrated healthcare conglomerate it created in 2018.

M&A
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VolFlash analysis 🔒 Direction Magnitude ●●○○○ Horizon Days VolFlash engine · 5400ms

CVS to spin off drugstore unit, unwinding Aetna acquisition

  • CVS to spin off its retail pharmacy business, reversing the $78B Aetna acquisition
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Published:2026-11-05 05:40:35 · Source:cnbc · Automatically aggregated and analysed — verify against the original source.