Advisers working on British corporate takeovers have earned more than £1 billion in fees this year, The Guardian reports. The newspaper cites London Stock Exchange figures showing a steep rise in the value of acquisitions involving UK-listed companies.

Private-equity investors and American buyers have been prominent in the deals. The boom is benefiting banks, lawyers and accountants, while also prompting questions about executive pay and the long-term effect of companies leaving London’s public markets.

Source: The Guardian — read the original report.