CVS Health Inc CVS is reportedly considering restructuring to separate its retail and insurance businesses.
The move comes as the company faces investor pressure and financial challenges.
CVS Health is evaluating options due to a lower EBITDA multiple compared to competitors like UnitedHealth Inc UNH and Cigna Inc CI.
The company’s $70 billion acquisition of Aetna in 2017 could be unwound in the potential breakup.
Discussions with financial advisers are ongoing, exploring various scenarios for restructuring.
A meeting with hedge fund Glenview Capital Management could lead to operational improvements at CVS Health.
The pharmacy chain recently reported adjusted EPS for the second quarter.
Leadership changes are being made at CVS Health based on segment performance.
CVS stock was up 2.21% at $64.27 during the premarket session.
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