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The Independent UK
The Independent UK
National
Tom Murphy

CVS acquires Oak Street primary care for $10.6 billion

Oak Street Oak Street Health CVS Health CVS Health Corp JPMorgan Medicare Medicare Advantage
Copyright 2023 The Associated Press. All rights reserved

CVS Health is plunging deeper into primary care services, buying primary care provider Oak Street Health for approximately $10.6 billion.

The drugstore chain said Wednesday it would pay $39 per share in cash for each share of Oak Street Health in a deal expected to close this year.

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