Enterprise & FinanceWell being
01 October 2024, 6:03 pm 1 minute
Reuters solely reported that CVS Well being is exploring choices that might embrace a break-up of the corporate to separate its retail and insurance coverage items, because the struggling healthcare providers firm seems to be to show round its fortunes amid stress from traders.
Market Influence
CVS has been discussing varied choices – together with how such a cut up would work – with its monetary advisers in latest weeks, sources advised Reuters. The newest discussions come as CVS faces growing stress from traders reminiscent of Glenview Capital, which is claimed to be pushing for adjustments on the firm to assist enhance its operations after it reduce its 2024 earnings outlook for a 3rd consecutive quarter in August.
Article Tags
Matters of Curiosity: Enterprise & FinanceWell being
Kind: Reuters Greatest
Sectors: Enterprise & FinancePrescribed drugs & Healthcare
Areas: Americas
Win Sorts: Exclusivity
Story Sorts: Unique / Scoop
Media Sorts: Textual content
Buyer Influence: Necessary Regional Story
