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 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 Fehon of Australia who created and organises similar projects there known as the 'Vinnies CEO Sleepout'. The first sleepout was held outside the Riverside Stadium, Middlesbrough Football Club and the second inside St James’ Park, home of Newcastle United Football Club. Since then