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 events have been held at numerous locations including Wembley Stadium, The Oval, Old Trafford Cricket Ground and Cardiff Castle, raising nearly £800,000. More than 90 businesspeople took part in a Wembley event in October 2014, which helped to raise funds for the Cardinal Hume Centre and DePaul UK. DePaul UK is part of Society of Saint Vincent de Paul. At a second London event in 2015, £180,000 was raised in what represented the biggest CEO Sleepout event to date. Just before Christmas 2016 CEO Sleepout opened a not-for-profit restaurant in Middlesbrough, The Fork in the Road, which gave training and