The private owners of Austrian gaming technology group Novomatic [NVMTC.UL] are working with Macquarie to prepare an initial public offering that could value the company at more than 6 billion euros ($6.3 billion), three sources familiar with the matter said.
The Australian investment bank is acting as a so-called IPO advisor and will help select several banks to lead the planned listing as global coordinators, they said, adding the mandates will likely be awarded later this month.
Novomatic, owned by the family of its billionaire founder Johann Graf, makes slot machines and other gambling equipment and technology. It also operates casinos and a network of sport betting shops.
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