(Bloomberg) -- Enterprise Inns Plc, the U.K.'s second-biggest pub landlord, said it's investigating whether it can become a real estate investment trust without splitting the company, sending the shares up as much as 8 percent to a record.
The company is in talks with the U.K. government's revenue department about whether it can avoid separating its operating and property units because all its pubs are leased to tenants, Chief Executive Officer Ted Tuppen said today in an interview. Enterprise Inns reported a 16 percent increase in first-half profit on gains from selling less profitable bars.
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