LONDON (Reuters) - John Malone's cable group Liberty Global <LBTYA.O> has made a bid approach to Virgin Media <VMED.O> <VMED.L>, the British cable operator said on Tuesday.

"Virgin Media confirms that it is in discussions with Liberty Global, a leading international cable company, concerning a possible transaction," it said in a brief statement. "Any such transaction would be subject to regulatory and other conditions."

(Reporting by Kate Holton; editing by James Davey)