The ‘stampede’ of takeover bids for British companies is set to spark a fees bonanza of up to £600million for bankers and other advisers.
Some £60billion of offers have been tabled for London-listed companies so far this year as foreign predators circle the UK stock market on the hunt for bargains.
Household names including Easyjet, Tate & Lyle, William Hill owner Evoke and Schroders are among those to have been targeted.
Advisers on takeover deals – including bankers and lawyers – typically command fees of between 0.5 per cent and 1 per cent.
That means they are in line for anything between £300million and £600million.
