Parramatta. Bus family split $10 million

A long wait for former owners of the Parramatta-based Westbus bus service is close to ending with more than $10 million to be split between a former UK shareholder and a Bosnjak family consortium. Westbus 6, salvaged by ComfortDelGro Cabcharge, for $106.7 million, in 2005, was established by the Bosnjak family in 1955. Administrator, Deloitte, said more than $180 million has been paid to creditors. National Express and the Bosnjak Group would split the remaining $10 million, according to The Daily Telegraph. Associated Australian Press reported in January 2005, that Westbus went into voluntary administration after failing to renegotiate with major financier National Bus Company Pty Limited.