UPDATE 4-Delphi IPO could value company at $7.55 bln

Newswire

* Sees IPO of 24.1 mln shares at $22-$24/share * Projected $7.55 bln valuation below level seen in May * One investor sees Delphi's stock as long-term buy * Paulson & Co selling 20.6 mln shares in IPO (Rewrites first sentence, adds investor, analyst comments, byline) By Ben Klayman Nov 7 (Reuters) - Delphi Automotive Plc indicated a price range for its initial public offering that values the former General Motors parts unit below levels projected six months ago when the IPO was ...

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