Skip to Content
AP-National

CVS Health says it is selling all 22 of its retail drugstores in Puerto Rico

By
Published 3:13 PM

SAN JUAN, Puerto Rico (AP) — CVS Health says it has reached a deal to sell its retail drugstores in Puerto Rico to Caribe Pharmacy Holdings. CVS Health said in an email to The Associated Press on Monday that the deal involving 22 of its pharmacies would be completed in April and that the buyer plans to continue all operations and retain all employees. A spokeswoman said the company is not releasing the cost of the transaction. The purchaser, Caribe Pharmacy Holdings, owns Farmacias Caridad. CVS Health announced in November 2021 that it would close hundreds of stores over the next three years.

Article Topic Follows: AP-National

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.