1.   Vodafone, however, has a reputation of building up majority stakes in its company holdings.

2.   Demand from investors will determine how many new shares are issued, although Pittencrieff said yesterday it will retain a majority stake.

3.   Already, Stratton and Harvard together control majority stakes in Sepap, Ceska Namorni Plavba and Sklo Union.

4.   American Home Products of New York holds a majority stake in Genetics Institute, of Cambridge, Mass.

5.   American International Group Inc. said it will buy a majority stake in Banco Fenicia SA, a Brazilian consumer-finance company, to increase its South American operations.

6.   Analysts said all three bidders had a good reason to buy a majority stake in Europe Online.

7.   And Vivendi still owns a majority stake in its now separately listed utility, Vivendi Environment.

8.   Another U.S. utility with plans to expand in the nuclear power industry, Entergy Corp. owns a majority stake in River Bend and operates it.

9.   Anglo, meantime, owns a majority stake in the Sadiola Hill gold mine in Mali and recently bought Cluffs in Zimbabwe.