operation of public establishments of all kinds, in particular restaurants, as well as all commercial activities in direct or indirect relation; the company may engage in any financial, commercial, industrial, movable or immovable activity in direct or indirect relation to its purpose or likely to promote its realization, conclude contracts that are likely to develop its activities or relate directly or indirectly to them, receive products in the form of interest, commissions and dividends, create branches or subsidiaries in Switzerland and abroad, take participations, acquire or create identical or similar companies, participate in all companies having a direct or indirect relation to its purpose; it may carry out these operations for its own account as well as for the account of third parties; it may acquire, operate and dispose of real estate; it may grant loans and provide guarantees in favor of any person, in particular its associates and managers