&lt;Bayou International Ltd> said itpurchased one-third of the outstanding stock of Solmecs Corp
N.V., a Netherlands Antilles corporation, for 1,750,000 dlrs.
    Bayou said it will also receive two seats on Solmecs'
board.
    Bayou Ltd is 55.2 pct owned by Australia Wide Industries
Ltd.
    Solmecs develops technology relating to energy conversion.
 Reuter
