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S&P Global Ratings on Dec. 4 placed its BBB+ long-term corporate credit rating on drugstore retailer CVS Health Corp. and its debt on CreditWatch negative, following the retailer's decision to acquire health insurance provider Aetna Inc. for $69 billion.
The rating agency also affirmed its A-2 short-term ratings on CVS, while placing its BBB+ issue ratings on the CVS'...