0031 GMT - The bar for Monash IVF's board to reject a revised offer from Genesis Capital Investment and Washington H. Soul Pattinson is higher than when it knocked back the consortium's first bid in November, says Morgans. The consortium's new offer is worth A$0.90/share in cash, up from A$0.80/share proposed before. Analyst Emily Porter says Monash IVF is operating in a challenging macro environment. It's facing soft industry cycle volumes, ongoing reputational headwinds from incidents involving embryos and declining net profit. "Against that backdrop, despite a discount to comparable IVF transactions, we think the offer is compelling for shareholders," Morgans says.(david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
April 13, 2026 20:31 ET (00:31 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.