Through this agreement, CVS Health will acquire Target's more than 1,660 pharmacies across 47 states and operate them through a store-within-a-store format, branded as CVS/pharmacy.
Under Campbells new enterprise structure, the division will focus on building the companys scale and accelerating growth in rapidly expanding packaged fresh categories across the retail perimeter.
As a result of the acquisition, Lorillard is a wholly owned subsidiary of RAI, and former Lorillard shareholders will own approximately 15 percent of RAI's common stock.