BOSTON - Bank of Boston Corp.'s Fidelity Acceptance Corp. unit Monday completed the purchase of Century Acceptance Corp.'s $110 million loan portfolio and its 46 branches for $129 million in cash.

Bank of Boston said the payment represented the book value of net assets acquired plus a premium of about $18 million. The transaction is immediately accretive to Bank of Boston's earnings.

Fidelity Acceptance provides a broad range of financial services to individual, corporate, institutional, and governmental customers. Fidelity Acceptance and Century Acceptance are both based in Kansas City, Mo.

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