06:35 AM EDT, 10/01/2024 (MT Newswires) -- CVS Health ( CVS ) is considering breaking up the company into separate retail pharmacy and insurance units under pressure from investors, Reuters reported Tuesday, citing people familiar with the matter.

A breakup of the company would roll back the company's 2017 $70 billion takeover of Aetna insurance.

CVS has been in discussions for weeks with financial advisers but has yet to decide on a future plan, Reuters reported.

Among the debates is whether the company's pharmacy benefits manager unit should be grouped under its insurance or retail arms, the report said.

CVS did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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