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CVS to buy Target's pharmacy, clinic businesses for US$1.9 billion

Monday, June 15, 2015 - 19:17

[BENGALURU] Drugstore operator CVS Health Corp said it will acquire Target Corp's pharmacy and clinic businesses for about US$1.9 billion.

CVS will acquire more than 1,660 Target pharmacies across 47 states in the United States and operate them through a store-within-a-store format, the companies said in a statement.

REUTERS