The company's purpose is: the holding, acquisition, and taking of participations in all companies, both in Switzerland and abroad, as well as the administration and management of companies. The company may also: a) carry out all commercial, financial, movable or immovable transactions, the latter provided that they are not subject to the federal law on the acquisition of real estate by persons abroad of December 16, 1983 (LFAIE); b) in a general manner, carry out all operations having a direct or indirect relation with the social purpose in Switzerland and abroad. The company may have subsidiaries or create branches in Switzerland and abroad.