Telecom tycoon may salvage UK van maker LDV -paper

LONDON, June 14 (Reuters) - British van maker LDV, which fell into administration last week, may get a takeover bid from telecoms entrepreneur John Caudwell, the Mail on Sunday newspaper reported.

"I would love to be the guy that moved in to save that business," the paper quoted Caudwell as saying.

Caudwell, who sold ventures including mobile phone retailer Phones 4U to private equity in 2006, has asked advisers to review LDV's situation, the Mail on Sunday said.

However, Caudwell's interest in LDV is at an early stage and he has not yet signed a non-disclosure agreement with administrators PricewaterhouseCoopers, the paper said.

"To save a business like this would take a lot of effort. It's possibly a salvageable business if you bring in the right business acumen," the Mail quoted him as saying.

LDV, based in Birmingham, central England, was placed in administration on June 8, and most of its 850 employees are to be made redundant [ID:nL829690].

(Reporting by Myles Neligan; editing by John Stonestreet)