Payout bonanza if GKN is bought

Bankers, financiers, lawyers and public relations executives stand to make around £140 million if Melrose succeeds in its bid for engineering firm GKN, a union has claimed.

Unite said the “eyewatering”sumincludes up to £69m in financing arrangements, up to £50m for financial advice, £9m for legal advice and millions on public relations and professional services.