Reported 6 days ago
CVS Health is contemplating a potential break-up of its retail and insurance units in light of mounting investor pressure. Discussions have taken place with financial advisers on how such a division would function. This strategic move comes after CVS's disappointing earnings outlook and rising competition in the healthcare sector. The company is exploring options, including the future of its pharmacy benefits manager, to enhance shareholder value as it seeks to navigate one of the toughest periods in its history.
Source: YAHOO