Emerson announces agreement to divest its russia business to local management

St. louis--(business wire)--emerson (nyse: emr) today announced an agreement to sell its russia business, including metran, its russia-based manufacturing subsidiary, and emerson llc in russia, the sales and service organization for metran, to the local management team. this announcement follows the company's may statement to exit its russia business and explore strategic options to divest metran. for fiscal year 2021, russia represented approximately 1.5% of total emerson sales. as part of the
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