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CVS plans to split its drugstores from Aetna, undoing a $78 billion deal

CVS Health said on Nov 4, 2026 that it will become two public companies by the first half of 2028. The drugstore, it turns out, was not the biggest piece.

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For most people, CVS is the drugstore on the corner. For the company's own books, it has been something much bigger for a while: a drugstore chain, a health insurer and a drug-benefit manager stacked under one roof. On Nov 4, 2026, CVS said it wants to take that roof off.

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General market information for educational purposes — not investment advice. Figures come from the linked sources.