Acquisition, holding, management and disposal of participations in companies of all kinds. May provide services to affiliated companies, establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. Furthermore, it may acquire, encumber, sell and manage real estate in Switzerland and abroad, arrange financing for its own account or for third-party account, and grant guarantees and sureties for subsidiaries and third parties.