September 26, 2017 / 10:12 AM / 25 days ago

Novomatic yet to decide whether to IPO or pursue other financing -source

FRANKFURT, Sept 26 (Reuters) - Austrian gambling group Novomatic has yet to decide whether to pursue an initial public offering or rather alternative sources of financing, a source familiar with the matter told Reuters on Tuesday.

Novomatic had been expected to publish its intention to float on the Frankfurt stock exchange this week.

A company spokesman declined to comment.

Earlier this year, Novomatic hired banks to evaluate financing options, although it is fully financed for 2017.

Reporting by Arno Schuetze; Editing by Georgina Prodhan

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