Tausi Insider

If your career objective is to climb the corporate ladder, then you need to get recognized as a high-potential employee, or HiPo. HiPos have been tagged as the top performers in an organization and are invited to key meetings, asked for input, offered advanced learning opportunities and given plum assignments. And even when economic circumstances lead to layoffs, they are the ones who don’t just avoid the axe, but always seem to endure without any scars. So what does it take to be recognized as a HiPo? While some of it may be who you know, or luck, there are ways to influence how you and your talents are perceived. If you are deliberate and thoughtful about showcasing your strengths and establishing your workplace value, you can, and will, position yourself as a HiPo. Here are seven things you can do right now to become worthy of HiPo status. 1. Do excellent work Fulfill your current responsibilities. Don’t just perform well, perform exceptionally well. This is your baseline. If you ...

The Rio Tinto Fer et Titane (RTFT) plant is seen in Sorel, Quebec, Canada October 11, 2022. CHRISTINNE MUSCHI/Reuters The head of a hedge fund who complained to Quebec’s security regulator about Rio Tinto PLC’s preferential back door deal with two dissident shareholders pertaining to its pending takeover of Turquoise Hill Resources says he feels vindicated the giant miner has been forced to offer all minority shareholders the same deal. “The Quebec securities regulator, and any other regulator that was involved, should pat themselves on the back for a job well done,” Jeff Banfield, partner with Caravel Capital Investments Inc. said in an interview. “You literally saw a one hundred billion mining behemoth go, ‘Okay, okay, don’t get upset.” Last week, Turquoise Hill said that Quebec’s l’Autorité des marchés financier had “public interest concerns” about the preferential deal it negotiated with Pentwater Capital Management LP and SailingStone Capital Partners LLC, under which the pair w...

Canada’s largest pension fund CPP Investments (CPPI) is set to raise C$500 million ($372 million) in its first “reverse inquiry” bond, a debt instrument that is issued in response to investor demand, a top official told Reuters. The bond offer gives Canadian institutional investors a rare opportunity to buy into the pension manager’s debt at an attractive coupon. The offer is unique as it is tailored according to the terms determined by the investors or bond dealers instead of an issuer. It is the first such bond issued by a pension fund in Canada, and is popular among provinces tapping debt markets. “What we are really attempting to do here is to provide investors greater flexibility by providing stronger voice in the program by providing revise inquiry,” Sam Dorri, Managing Director, Financing CPPI to Reuters. CPPI’s three-year bond will open on Dec. 6 and offer a coupon of 3.95% with interest paid out twice a year, Dorri added. In the last couple of months, some bonds in Canada ha...

Photo : Prostock-studio ( Shutterstock ) Looking to save more money groceries, personal care products, and a variety of household items? With a little planning and the right coupons, you can do exactly that—especially when you stack your coupons. Here’s what to know. What is coupon stacking? Simply put, coupon stacking refers to using coupons, as well as at least one other discount—through a rebate app, loyalty club membership, promo code, or additional coupon(s)—on a single item. One of the most common types of coupon stacking is using a manufacturer’s coupon and a store coupon on the same product. Manufacturer’s coupons are the kind you find in the Sunday newspaper or on Coupons.com ; store coupons are issued by a specific retailer and are only valid in that store. So let’s say that Brand A toothpaste has issued a manufacturer’s coupon for $1 off of a tube, and a pharmacy chain has a weekly offer of $1 off Brand A toothpaste. If the regular price of a tube of the toothpaste in...

U.S. private equity giant Thoma Bravo is acquiring waterloo-based cybercrime software maker Magnet Forensics and combining it with Grayshift LLC of Atlanta. Magnet CEO Adam Belsher (pictured) will become CEO of the combined company. Fred Lum/Tausi Insider U.S. private equity giant Thoma Bravo has agreed to buy cybercrime software maker Magnet Forensics MAGT-T, a darling of Canada’s technology scene, for $1.8-billion and will merge it with another company it owns. Thoma Bravo said Friday it will pay $44.25 per share to holders of subordinate voting stock in Waterloo, Ont.-based Magnet, which sells digital investigation software used by law enforcement agencies and corporations to investigate cybercrimes. That is a 15.4-per-cent premium to closing price Thursday. It will also pay $39 a share to the three holders of Magnet’s multiple voting shares: co-founders Adam Belsher and Jad Saliba, and chairman Jim Balsillie. The trio, who own 28.9 million supervoting shares and hold 95-per-cent ...

Vancouver-based Ritchie Bros. revised its roughly US$6-billion bid for Illinois-based auto salvage and parts auction company IAA this week after months of shareholder opposition to its original proposal. CODIE MCLACHLAN /The Canadian Press Despite Ritchie Bros. Auctioneers Inc. sweetening its multibillion-dollar offer to buy IAA Inc., one of its major shareholders remains unpersuaded. Vancouver-based Ritchie Bros. RBA-T revised its roughly US$6-billion bid for Illinois-based auto salvage and parts auction company IAA IAA-N this week after months of shareholder opposition to its original proposal. The new terms included a larger cash component and less stock, meaning existing Ritchie Bros. shareholders would face less dilution. It also added a US$1.08 one-time special dividend for the heavy equipment seller’s own shareholders. Despite those updates, Luxor Capital Group released a statement Tuesday evening saying the revised deal has “done little to change the financial terms for RBA s...