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Global professional services firm Alvarez & Marsal (“A&M”) today announces the findings of its latest quarterly analysis of shareholder activism in Europe, the “A&M Activist Alert”, or “AAA”.

This week Majesty’s Revenue & Customs (HMRC), the U.K.’s tax authority, released key statistics related to the U.K. Diverted Profits Tax (DPT)[1] . DPT of £138m has been collected during the period from April 2015 (when the tax was introduced) to April 2017. Diageo announced in May this year that it would be paying £107m, but intends to challenge the assessment, so it is possible some of the amounts collected will be refunded. HMRC also estimates it collected £174m of additional corporation tax from behavioral changes – this figure will be a low estimate and will only accurately capture situations already under HMRC enquiry.

Much has been written about Starbucks’ successful strategy in China. The company is opening a store a day and aims to have 5,000 stores in the next few years.

Leading global professional services firm Alvarez & Marsal (A&M) has bolstered its Financial Industry Advisory Services practice with the appointment of Michael Henry O’Keefe as a Senior Director in New York.

In the following Hispanic Executive interview, A&M Managing Director Ernesto Perez discusses the expansion of the firm’s tax presence into new markets, trends in the industry and the development and promotion of the 260 employees he oversees across ten global offices.