CVS Health plans to split into two publicly traded companies by the first half of 2028

FinanceInternationalCNBCNov 4, 2026, 2:58 PMAI summary

CVS Health announced plans to separate into two publicly traded companies before the first half of 2028. The retail pharmacy business, with roughly 9,000 locations, MinuteClinic and mail pharmacy operations would sit in one company, while Aetna, pharmacy benefit manager Caremark, Oak Street Health and Signify Health would remain together. The company had already considered a breakup more than two years ago. Its shares fell about 12% after the announcement.

In 35 seconds

CVS Health expects to split into two publicly traded companies in the first half of 2028.
The retail pharmacy business, with about 9,000 locations, MinuteClinic and mail pharmacy would go to a separate company.
Aetna, Caremark, Oak Street Health and Signify Health would remain in the other company.

Read the full story at CNBC

IASummary generated by artificial intelligence from a story by CNBC. It may contain errors: the original source prevails.

CVS Health
Aetna
Caremark
farmacias
salud

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CVS Health plans to split into two publicly traded companies by the first half of 2028

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