Acquisition, holding, management and disposal of participations in companies of all kinds in Switzerland and abroad. May conclude all transactions and enter into agreements that serve the company's purpose or are directly related to it, grant loans or other financing to its direct or indirect parent companies as well as their or its direct or indirect subsidiaries, and provide security of all kinds for liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. Establish branches and subsidiaries in Switzerland and abroad, acquire, hold, manage and dispose of real estate, acquire, manage, transfer, dispose of and license patents, licenses, trademarks and technical and industrial know-how.