CareRx Corporation (TSX:CRRX) entered into a definitive agreement to acquire pharmacy fulfillment centre and portion of long-term care pharmacy services business of Rexall Pharma Plus Ltd. for CAD 3.5 million on April 23, 2021. Under the terms of the Transaction, CareRx will acquire a pharmacy fulfillment centre in Sudbury, Ontario, as well as a portion of long-term care pharmacy services business that serves a total of approximately 4,200 residents of long-term care, assisted living and other congregate care settings across Ontario and Alberta. The closing consideration is comprised of CAD 3.5 million of cash, which CareRx expects to satisfy with cash on hand. The transaction is expected to close in June or July 2021, subject to the satisfaction of customary conditions to closing. Expected to contribute run-rate revenue of approximately $14.0 million, on an annualized basis and nominal Adjusted EBITDA, prior to any benefits from the integration of the operations of the two businesses