The purchase, sale and operation of all business assets; the acquisition of direct and indirect interests in commercial, financial, industrial and other companies in Switzerland and abroad, as well as the financing and management of these companies, with the exception of operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may, with the exception of operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE): engage in any financial, commercial or industrial activity, whether movable or immovable, directly or indirectly related to its purpose; establish branches or subsidiaries in Switzerland and abroad; grant financing, in its own name or on behalf of third parties, provide any type of guarantee and surety for its branches and subsidiaries as well as for third parties if it serves its interests; acquire, encumber, alienate and manage real estate in Switzerland and abroad; grant loans or guarantees to shareholders or third parties if it serves its interests.