Australia's Monash IVF surges 20% on higher buyout offer

Monash IVF

13/04/2026 01:57

** Shares of Monash IVF MVF.AX rise as much as 20.3% to A$0.8, their biggest intraday pct gain since Nov 24

** Co receives higher buyout offer of A$0.90 per share from consortium, valuing fertility services provider at A$350.7 million ($246.19 million)

** Offer represents 35.3% premium to the stock's last closing price

** 1.6 million shares change hands, 2.6 times the 30-day average

** YTD, MVF up 6.8%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))