The purpose of the company is the acquisition, management and disposal of participations in domestic and foreign companies of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, hold, encumber and dispose of intellectual property rights, real estate and securities. The company may carry out all commercial, financial and other activities that are suitable to promote the purpose of the company or that are directly or indirectly related to it. The company may grant and take out loans, provide guarantees and other forms of financing and security, in particular in favor of affiliated and related companies, including their direct and indirect shareholders, whether against payment or not, and raise and invest funds on the money and capital market.