April 20 (Reuters) - Australia's Monash IVF MVF.AX said on Monday that it had rejected a takeover offer from a consortium that valued the fertility services provider at A$350.7 million ($250.36 million).
The company said that the offer from the consortium, comprising Genesis Capital and Washington H. Soul Pattinson's SOL.AX investment arm, is undervalued but remains open to a higher offer.
($1 = 1.4008 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru; Editing by Lisa Shumaker)
((Nichiket.Sunil@thomsonreuters.com;))