London-listed gaming supplier and operator Playtech Plc. has completed the “squeeze out” process in its bid to gain full control of Italian betting and gaming operator Snaitech.

In a regulatory filing, Playtech announced that it took over the remaining 3.5 percent minority shareholding of Snaitech through its wholly-owned Italian subsidiary Pluto (Italia) SPA. Minority shareholders reportedly got cash consideration equal to €2.19 ($2.54) per share as previously noted in Playtech’s Mandatory Takeover Offer, according to Playtech.

The completion of Snaitech’s squeeze out also paved the way for the delisting of the Italian gambling firm’s shares from Mercato Telematico Azionario, organized and managed by Borsa Italiana.

Snaitech is licensed by the Italian Monopolies Authority to offer gaming services and products, including sport and horse racing betting; virtual sports; video lottery; online and mobile poker, skill games, casino games, bingo; esports; and pari-mutuel betting.