NTIOF - National Bank of Canada gets full ownership of Credigy

National Bank of Canada ([[NTIOF]] -0.8%) boosts its ownership of  Credigy Ltd, an Atlanta-based specialty finance company, to 100% from 80%.Credigy invests in consumer-related assets across multiple asset classes and geographies. Since it started in 2001, the company has closed on more than 320 deals, representing over US$16B invested to date.The transaction occurred after Credigy management team members exercised their options to sell their common shares. Terms of the deal weren't disclosed.National Bank hasn't made many big cash acquisitions over the past 10 years, according to its cash flow statements:For fiscal 2020, the additional 20% stake acquired in Credigy would have increased National Bank's diluted EPS by C$0.07; the acquisition will have no effect on common equity Tier 1 capital ratio according to Basel III.As for earnings, National Bank posted fiscal Q4 adjusted EPS of C$1.69, unchanged from a year ago and beating the average analyst estimate of C$1.50.Net interest

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National Bank of Canada gets full ownership of Credigy