Australia's Monash IVF falls after rejecting revised takeover bid from consortium

Monash IVF

20/04/2026 01:52

** Shares of Australia's Monash IVF MVF.AX fall as much as 11.1% to A$0.68, marking biggest intraday pct drop since December 24, 2025

** Stock hits lowest level since April 10

** Co rejects takeover offer from a consortium valuing the fertility services provider at A$350.7 mln ($250.58 mln)

** Says A$0.90 per-share offer at substantial discount to comparable IVF transactions in Australian market

** Adds that it remains open to higher offer

** About 1.4 mln shares change hands, 1.8x the 30-day average

** Stock down 3.4% YTD

($1 = 1.3996 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))