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Target selling pharmacy and clinic businesses to CVS Health for about $1.9 billion | Canadian Business

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Posted in June
Jun 15, 2015 The Associated Press

MINNEAPOLIS – Target is selling its pharmacy and clinic businesses to CVS Health Corp. for about $1.9 billion.

The transaction gets CVS Health into some new markets and allows it to reach more patients.

The deal includes more than 1,660 pharmacies in Target stores that will be branded as CVS/pharmacy. The agreement also calls for new Target stores to include a CVS/pharmacy if they are going to offer pharmacy services.

http://www.canadianbusiness.com/business-news/target-selling-pharmacy-and-clinic-businesses-to-cvs-health-for-about-1-9-billion/
 

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