CVS Sells Omnicare, Eases Strategy Concerns
CVS Health has won U.S. court approval to sell Omnicare to GenieRx, a key step in exiting this non-core business. The deal should help the group streamline its portfolio and refocus resources on its most profitable lines. At the same time, CVS continues to highlight its AI initiatives and local healthcare services, reinforcing the image of a company in tran…