Equity markets continued their rally and have now broadly recovered from the tumult in
March. However, core inflation increase by 0.1 percentage points, meaning that markets think that the
European Central Bank has more to do.
An increasingly tightening central bank policy could become an issue for dealmakers in the
coming months as rising interest rates triggers a re-pricing of assets across the market.
Having said that, it was our pleasure to act as financial advisor on behalf of Atlas Reizen
which was acquired by le Hodey family, which already owns the Continents Insolites travel agency.
The VDP team
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