BRIEF-Aerojet Rocketdyne Holdings to acquire Coleman Aerospace for $15 mln in cash – Reuters

Feb 22 Aerojet Rocketdyne Holdings Inc:

* Aerojet Rocketdyne Holdings Inc to acquire Coleman Aerospace; expanding into target missile vehicle business

* Deal for $15 million in cash

* Says coleman business is expected to generate approximately $40 million in revenue in 2017

* Coleman business is expected to generate approximately $40 million in revenue in 2017

* Coleman Aerospace will operate as unit of Aerojet Rocketdyne and will be renamed aerojet Rocketdyne Coleman Aerospace, Inc

* Says transaction is expected to close by end of month

* Coleman will assume new space coast integration & test facility lease at cape canaveral air force station in Florida Source text for Eikon: Further company coverage:

* Says expects earnings per share ("eps") dilution of approximately $0.19 in 2017

BRASILIA, Feb 23 Brazilian miner Vale SA on Thursday reported net profit of $525 million for the fourth quarter, falling short of analyst expectations after booking impairments.

* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr

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BRIEF-Aerojet Rocketdyne Holdings to acquire Coleman Aerospace for $15 mln in cash - Reuters

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