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Emerson to exit business in Russia

Posted online May 5, 2022 | 7:52 am

St. Louis-based diversified manufacturer Emerson announced it would exit its business in Russia.

The company plans to explore strategic options for divesting Metran, its subsidiary in the country.

“We are committed to an orderly transfer of these assets and will support our employees through this process," CEO Lal Karsanbhai said.

Read more from Reuters.

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