When the deal was announced on Oct. 28, 2022, the transaction price announced was expected to be approximately 400 million euro, or $429 million in U.S. funds, with the final total based on, among other factors, net cash, working capital adjustments and changes in the ruble-euro exchange rate. Nokian said that "substantial uncertainties still remain related to the transaction and the timing of it as well as the exchange rate on the day of payment." The tire maker said the final closing of the transaction is subject to the completion of compliance checks against recent changes in sanctions and money transfer, among others.