CVS Health plans to split into two publicly traded companies by the first half of 2028.
The move would separate its roughly nine-thousand retail pharmacies from its insurance and pharmacy benefit businesses.
The split would reverse its 78-billion-dollar acquisition of Aetna in 2018.
CEO David Joyner says the move will help improve affordability, efficiency and customer care.
(Photo by Andres Kudacki/Getty Images)
Photo: Andres Kudacki / Getty Images News / Getty Images