SYDNEY, June 26 Shares in Australian in vitro
fertilisation company Monash IVF Group rose 6.5 percent
on debut on Thursday after its private equity owner raised A$316
million ($297 million) in its initial public offering.
Shares in Monash, the country's second-biggest IVF company,
opened at A$1.96, compared with its A$1.85 issue price, and last
traded at A$1.97.
Australian private equity firm Ironbridge increased the size
of the sale to 74 percent of Monash earlier this month on what a
source said was strong investor demand for the stock.
($1 = 1.0639 Australian Dollars)
(Reporting by Lincoln Feast)