CVS intends to acquire Signify Health as part of its expansion into the home health care space

According to people familiar with the matter, CVS Health Corp. intends to buy Signify Health Inc. as the drugstore and insurance giant looks to expand its home healthcare services.

Signify Health SGFY,
+2.32%
examines strategic alternatives including a sale, The Wall Street Journal reported last week. First bids are due next week and CVS CVS,
+0.38%
plans to attend one, some of the people said. Others are also in the mix, they said, and CVS may face competition from other managed care providers and private equity firms.

https://www.marketwatch.com/story/cvs-seeking-to-buy-signify-health-as-part-of-home-health-expansion-11659906922?rss=1&siteid=rss CVS intends to acquire Signify Health as part of its expansion into the home health care space

Brian Lowry

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