The purpose of the company is the direct or indirect acquisition, management and disposal of participations in domestic and foreign companies of any kind. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies of any kind, take over representations and enter into all transactions and contracts that may be suitable to promote the purpose of the company, or that are directly or indirectly related thereto. It may also enter into financing for its own account or for the account of third parties, as well as guarantees, sureties and pledge agreements for affiliated companies and third parties. It may acquire, lease, rent, manage, encumber and dispose of real estate in Switzerland and abroad. The company may acquire, hold, manage or sell any kind of debt or securities within Switzerland or abroad.