More details have been emerging about the deal which has left the Steam Packet Company in new hands.
On Friday, it was announced the ferry firm would be owned by Manx-registered Sealion Isle of Man, backed by a consortium headed by the Portuguese bank Banco Espirito Santo.
The moves mean Macquarie bank and the Australian pension funds which had held the shares now have no further involvement in the company.
However, Steam Packet chairman Robert Quayle says the deal wasn't a sale:
Government proposing a 5 percent minimum wage rise
Chief minister provides an update in urgent statement in Tynwald
Tynwald: Chief minister delivers urgent statement
The President of Tynwald has granted permission for Chief Minister Alfred Cannan to deliver an urgent statement in the Tynwald chamber, following a series of ministerial sackings
Former DOI minister informed via a 'two-minute whatsapp call'
Michelle Haywood described government as 'weak and unstable'
MHK criticises language used by chief minister during reshuffle
Tim Glover says Alf Cannan has 'a lot of questions to answer'
