CVS to break up $117 billion business, separating pharmacies from insurance; shares fall — Live Feedhttps://www.live-feeds.com/feed/cvs-to-break-up-117-billion-business-separating-pharmacies-from-insurance-shares-fallContinuously updated, source-cited coverage. CVS Health to Split $117 Billion Business into Two Companieshttps://www.live-feeds.com/feed/cvs-to-break-up-117-billion-business-separating-pharmacies-from-insurance-shares-fallhttps://www.live-feeds.com/feed/cvs-to-break-up-117-billion-business-separating-pharmacies-from-insurance-shares-fall#u184215Sat, 07 Nov 2026 13:21:00 +0000CVS Health plans to split its business into two separate companies, dividing its namesake retail pharmacies from its Aetna insurance division. The surprise breakup of the healthcare conglomerate sent shares tumbling by 13 percent, overshadowing an earnings beat reported by the company. Despite the major corporate restructuring, the chief executive officer of weight-loss drug maker Novo Nordisk stated that the division will have no material impact on the drug giant. The separation marks an end to the era of massive healthcare conglomerates combining pharmacy retail with insurance services.Why i