(Boursier.com) — CVS Health agreed to the acquisition of Signify Health for about $8 billion in cash. The health platform Signify Health will therefore enter the scope of CVS, which owns pharmacies and provides health insurance services. Signify has a platform that uses technology and analytics to support home healthcare providers. CVS expects to finalize the deal during the first half of 2023. The group expects a “significantly accretive” impact of this operation on profits. CVS offers $30.5 per Signify title. Karen Lynch, the chain’s chief executive, said management would work with regulators to ensure there were no antitrust issues.
©2022 Boursier.com