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Bankers and advisers are in line for a £275m payday from the proposed takeover of the British supermarket Morrisons, according to newly published documents.

The US private equity firm Fortress aims to take the retailer private by 26 August if it receives shareholder backing for the £6.2bn takeover, a timetable published on Thursday said.

The offer, of 252p a share and a 2p cash dividend, which has been unanimously supported by Morrisons’ board, will require the backing of 75% of shareholder votes to be confirmed at a meeting on 16 August. Shares were trading at 265p on Thursday morning.

The fees for advisers include £169m for financing the deal and £36m for broking advice for Fortress from investment bankers at HSBC and RBC, plus £17m in legal advice, according to the deal’s scheme document. Morrisons will also pay £42m for advice on the bid from Rothschild & Co, Jefferies and Shore Capital.

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