The purchase, sale, administration and management of participations in all companies or commercial, financial, industrial or other enterprises, in Switzerland or abroad, as well as their financing and the acquisition of properties exclusively for commercial use. Furthermore, it may grant loans or guarantees to its associates or third parties, if this serves its own interests. The company may carry out, either on its own account or on behalf of third parties, all financial, commercial, industrial, movable or immovable transactions, directly or indirectly related to its corporate purpose. The company may also establish branches and subsidiaries in Switzerland and abroad.