India’s FY24 pulses imports hit 6-year high as red lentil purchases jump

April 18, 2024 3:50 PM

India’s FY24 pulses imports hit 6-year high as red lentil purchases jump

India's pulses imports in fiscal 2024 surged 84% year-on-year to their highest level in six years after lower production prompted India to allow duty-free imports of red lentils and yellow peas, government and industry officials said on Thursday.   Higher imports by India, the world's biggest importer, producer and consumer of protein-rich pulses, have been supporting global prices and helping bring down stocks in exporting countries such as Canada, Australia, and Myanmar.   India imported...

Advent to buy Ryan Reynolds-backed fintech Nuvei in $6.3 bln deal

September 16, 2024 5:03 PM

Advent to buy Ryan Reynolds-backed fintech Nuvei in $6.3 bln deal

Private equity firm Advent International has agreed to buy Canada's Nuvei NVEI.TO in a deal that values the payments technology firm, which has received financial backing from actor Ryan Reynolds, at $6.3 billion. The deal, valued at $34 per share, will take Nuvei private almost four years after the company was listed on the Toronto Stock Exchange. The buyout of Nuvei, which has a market capitalization of nearly $4.42 billion, would make it one of the more sizable take-private deals at a time ...