Westlife to Combine Units Including India McDonald’s Franchisee

Westlife Development Ltd., an Indian real estate developer, plans to combine some of its group companies and make the local franchisee of McDonald’s Corp. a direct unit as part of a revamp, it said in a statement today.

Westlife will consolidate Westpoint Leisureparks Pvt. and Hardcastle Restaurants Pvt., which operates 148 McDonald’s outlets in western and southern India. The listed parent will gain access to capital and accelerate growth, Amit Jatia, vice chairman of Westlife, said in a telephone interview.