The purpose of the company is to acquire, hold, manage and carry out participations in all kinds of commercial, financial, industrial and real estate companies in Switzerland and abroad, subject to the provisions of the Federal Act on the Acquisition of Real Estate by Persons Abroad of December 16, 1983 (BewG). The company may also finance other companies and/or provide guarantees. The company may carry out all kinds of commercial, financial, industrial, movable and immovable transactions in Switzerland and abroad on its own account or on behalf of third parties, which are directly or indirectly related to its main purpose. The company may establish branches in Switzerland and abroad, participate in other companies of any kind, take over representations and enter into all kinds of business and contracts that may be suitable to promote the purpose of the company or are directly or indirectly related to it. It may also enter into loans for its own account or for the account of third parties, as well as guarantee and pledge transactions for affiliated companies and third parties. It may acquire, lease, rent, encumber and sell real estate in Switzerland and abroad. The company may acquire, hold, manage or sell any kind of debt or securities in Switzerland or abroad.