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

[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