The company's purpose is the acquisition, holding and administration of participations in commercial, financial and industrial enterprises (in Switzerland, excluding operations prohibited by the LFAIE); purchase and sale of real estate (in Switzerland, excluding operations prohibited by the LFAIE). The company may carry out in Switzerland and abroad, either on its own account or on behalf of third parties, all commercial, financial or real estate transactions (excluding operations prohibited by the LFAIE) directly or indirectly related to its purpose, create branches in Switzerland and abroad. The company is authorized to take financing, restructuring and intercession measures for the benefit of shareholders, group companies or third parties, as well as to grant loans or guarantees to shareholders, group companies or third parties when it serves its interests.