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
FTSE AIM 100 Index FTSE AIM 100 Index The FTSE AIM 100 Index is a stock market index of the top 100 companies on the London Stock Exchange's Alternative Investment Market weighted by market capitalisation. It comprises a range of businesses ranging from young, venture capital-backed start-ups to well-established, mature organisations looking to expand. AIM 100 companies must have their primary listing on the Alternative Investment Market, and are required to meet various eligibility criteria. The index may contain companies that are also included in the FTSE AIM UK 50 Index. When the London Stock Exchange created AIM, the objective was to offer smaller