** Cable & Wireless rises a further 9.3 pct, addingto a 20.7 pct gain into the close on Thursday after it confirmedtalks with Liberty Global regarding a possibletakeover
** Liberty, led by "King of Cable" John Malone, already ownsa 13 pct stake, as well as a 9.9 pct stake in ITV
** Traders cite FT report Liberty will offer 85p per shareas catalyst for second day of gains. Link: http://on.ft.com/1Kt0ouf
** Second top riser on Stoxx 600
** Two-day gain of 31 pct the co's best on record
(RM: alasdair.pal.thomsonreuters.com@reuters.net)