StocksMedium•4 November 2026•
1 min read
CVS Health to Split into Two Entities as Oracle Scraps Tencent Deal
Key Facts
1CVS Health announced a plan to divide its healthcare empire into two separate businesses.
2Oracle has scrapped its tentative deal with the Chinese firm Tencent.
CVS Health announced a plan to divide its healthcare empire into two separate businesses. According to media reports, the restructuring aims to split the company's operations, while Oracle has scrapped its tentative deal with the Chinese firm Tencent.
CVS closed at $91.41 on November 3, 2026, while Oracle closed at $125.855 on November 4, 2026. During the same period, Tencent Holdings Limited, trading as TCEHY, closed at $52.81 on November 4, 2026.