(Adds details, share price)
Oct 22 (Reuters) - Cable & Wireless Communications Plc said it was in talks that could result in a takeoveroffer from Liberty Global Plc, the cable companybacked by billionaire John Malone.
A deal would give Liberty a foothold in the Caribbean andLatin America, where Cable & Wireless already has a strongpresence.
Cable & Wireless, which is also backed by Malone, saiddiscussions with Liberty about a possible cash-and-stock bidwere not certain to result in a firm offer.
In September, Liberty Global abandoned talks with VodafonePlc about a swap of business assets in Europe'sconverging mobile phone, broadband and TV markets, having failedto agree on valuations.
Liberty Global did not immediately respond to a request forcomment.
London-listed shares of Cable & Wireless soared 20.7 percenton Thursday to close at 70 pence. (Reporting By Mamidipudi Soumithri and Devika Krishna Kumar inBengaluru; Editing by Robin Paxton)
