CVS explores options of separating its retail and insurance units


CVS has been discussing various options, including how such a split would work, with its financial advisers in recent weeks. — Reuters

NEW YORK: CVS Health is exploring options that could include a break-up of the company to separate its retail and insurance units, as the struggling healthcare services firm looks to turn around its fortunes amid pressure from investors, people familiar with the matter say.

CVS has been discussing various options, including how such a split would work, with its financial advisers in recent weeks, the sources said, requesting anonymity as the discussions are confidential.

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