Acquisition, permanent management and disposal of participations in domestic and foreign companies of all kinds; may establish and/or finance subsidiaries, acquire, hold and dispose of real estate and provide guarantees in favor of affiliated companies. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, dispose of and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as enter into guarantees and sureties for subsidiaries and third parties.