The acquisition, administration and management of participations in all companies or commercial, financial, industrial or other enterprises, both in Switzerland and abroad, as well as their financing. It will also engage in trade of all kinds, the acquisition, holding, management, disposal of real estate in Switzerland and abroad. The company may, either on its own account or on behalf of third parties, carry out all operations directly or indirectly related to its purpose, establish branches or subsidiaries in Switzerland and abroad, participate in all enterprises having a direct or indirect connection with its purpose and grant loans or guarantees to associates or third parties, if it serves its interests.