2156 GMT - In vitro fertilization specialist Monash IVF may no longer be a bid target of a group including Washington H. Soul Pattinson, but Jefferies thinks its takeover appeal remains. Monash IVF last month said Soul Patts and Genesis Capital Investment Management had withdrawn their A$0.80/share offer. "We continue to believe that Monash IVF is a potentially attractive asset, and would not be surprised to see further potential corporate actions over time," analyst David Stanton says. Private equity has previously been interested in IVF specialists. Jefferies says that reflects the industry's high barriers to entry and supportive demographics. IVF is also a high cash flow business. Jefferies raises its price target on Monash IVF by 19% to A$0.95/share. Monash IVF ended Tuesday at A$0.745. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
January 13, 2026 16:56 ET (21:56 GMT)
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