Tidjane Thiam bid for AIA, the Asian wing of the crisis-stricken AIG. A public battle ensued, with some investors complaining about the $35.5 billion price Prudential was offering to pay. The bid eventually failed, after the AIG board rejected a revised lower bid. AIA was later floated on the Hong Kong Stock Exchange, and the value of the company quickly rose above Prudential’s original bid price. Thiam came under strong personal criticism following the failure of the bid, partly as a result of the costs incurred by the company in pursuing the bid. However, he was re-elected as CEO at the May
CEO Sleepout UK company with a significant track record of philanthropy, donating one mattress to charity for every 10 they sell. In November 2016, CEO Sleepout achieved the milestone of £1 million raised. CEO Sleepout UK is a sister charity of Middlesbrough and Teesside Philanthropic Foundation. CEO Sleepout UK CEO Sleepout UK is a charity that raises money to fight homelessness and poverty across the UK. Money is raised by business executives being sponsored to sleep rough for a night. CEO Sleepout was formed in December 2013 by Middlesbrough-based businessman Andy Preston, who is chairman of the charity, following a conversation with Bernie