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Minister pleased with Pinewood sale

Film studio to be bought by American firm

Treasury Minister Eddie Teare says he's pleased with the outcome of investing in Pinewood.

The film studio is in the news currently, with a looming £320 million sale to an American property firm.

The Manx government's deal has been controversial, with some MHKs being very critical of it at times over the last few years.

But Mr Teare says it has proved to be profitable:

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