Liberty International is most likely for follow-on share issue

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Last week, a further £441m was raised for corporate balance sheet repairs by two companies - Grainger and Quintain.
Grainger announced it would raise £250m by issuing up to 277.6m new shares through a two for one rights issue at 90p.
Quintain announced a three for one rights issue of 390.1m new shares, raising £191m.
In his weekly property sector note, Nomura Real Estate analyst Mike Prew said the two capital raisings take this year's total to £6.6bn, against a real estate sector capitalisation of £25bn.
"Derwent London is now the only FT-350 real estate company not to have resorted to dilutive equity financing," says Prew.
"We find it increasingly difficult to think of many other relevant real estate companies which need to, or can, tap the equity market for fresh capital with the possible exception of Minerva.
"Of the majors, Liberty International is the most likely we think to have a follow on placing, having raised £901m in two tranches in the year to date."

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