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Cable & Wireless WW: Vodafone Offer Deadline Extended To March 29

LONDON -(Dow Jones)- Cable & Wireless Worldwide PLC (CW.LN) said Friday that the Panel on Takeovers and Mergers has consented to an extention of the deadline for Vodafone to announce an offer or that it does not intend to make an offer until 1700 on March 29 from March 12 previously. -Shares at 1456 GMT, up 2 pence, or 6.8%, at 36.52 pence valuing the company at GBP1 billion. -By Rory Gallivan, Dow Jones Newswires; 44-20-7842-9411;

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