Australia's Monash IVF eyes best week in 5-1/2 years after rejecting takeover bid

Monash IVF

28/11/2025 04:42

** Shares of Monash IVF Group MVF.AX rise 40.1% so far this week, heading for best week since mid-April 2020, if gains hold

** For the day, the IVF clinics operator down 0.3% at A$0.848 but hovers near highest since mid-May hit on Monday

** On Monday, co rejected a conditional and non-binding takeover proposal from a consortium including Genesis Capital Investment Management

** Proposal was at a "substantial discount to comparable IVF transactions in the Australian market" - MVF

** Stock down ~33% YTD, including day's moves

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))