BUZZ-Australia's Monash IVF faces worst year ever on embryo mix-ups, collapsed takeover offer
Reuters
Yesterday
BUZZ-Australia's Monash IVF faces worst year ever on embryo mix-ups, collapsed takeover offer
** Shares of Monash IVF Group MVF.AX fall 1% to A$0.733
** Fertility services provider down ~42% for the year, heading for its worst year ever
** Last week, a takeover offer valuing the company at $209 million from a consortium was withdrawn
** The year also saw two embryo mix-up incidents at Monash's fertility clinics, leading to the departure of then CEO and MD Michael Knaap
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.