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Pinewood shares value rises sharply

Could Isle of Man be in for windfall?

Could the Isle of Man be in for a windfall from its shares in Pinewood after their value rose sharply?

Speculation over the future of Pinewood Studios has pushed up the value of the Island's investment substantially.

Reports in the UK say the company has appointed Rothschild to conduct a review into a possible sale.

When the news broke, shares in Pinewood rose nearly 20%.

At the same time, Treasury Minister, Eddie Teare is having  talks about the future direction of Manx involvement.

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