Acquisition, management and disposal of participations in companies as well as provision of management, consulting and mandate services. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. Furthermore, it may acquire, encumber, sell and manage real estate in Switzerland and abroad, also provide financing for its own account or for third-party account, and grant guarantees and sureties for subsidiaries and third parties.