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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
It wasn’t long ago that CVS Health looked poised to become a US healthcare heavyweight. The country’s largest drugstore operator owned Caremark, the pharmacy benefits manager and a reliable profit centre.
In 2017, it pushed into insurance, buying Aetna for $78bn, including debt. It then spent nearly $20bn on care providers Signify Health and Oak Street Health.
The…
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