Playtech has cleared yet another hurdle in its bid to acquire Italian betting and gaming operator Snaitech SpA (Snaitech).

In a regulatory filing, the UK-listed technology supply announced that Italy’s financial markets watchdog Consob has approved the purchase of the remaining 19 percent stake in Snaitech.

Playtech currently holds 80.9 percent stake in the Italian gaming operator following the initial acquisition of around 70.6 percent of Snaitech’s issued share capital in April, and another 10.3 percent in May. Financial data of Playtech shows that the initial acquisition of Snaitech carries a price tag of €846 million ($1.05 billion).

With Consob’s blessing, Playtech has set the acceptance period for its mandatory takeover offer on June 26 and will run until July 30. The acceptance period will then be reopened from July 31 to August 6, 2018 if certain conditions are met, according to the UK-listed technology company.