The company's business activity, in particular for Merger&Acquisition operations; the purchase and sale and direct or indirect holding of participations in other companies, enterprises and consortia; the purchase, sale, holding and leasing of real estate; the purchase, sale, holding and breeding of horses, their marketing and leasing, their promotion and sponsorship in the context of sports and competitive activities, as well as any other activity related to equestrian sports. The company may, in Switzerland and abroad: carry out all activities, including commercial and financial transactions directly or indirectly connected with the company's purpose; assume and grant representations; contract and grant loans; provide guarantees, including real guarantees, and sureties, also in favor of third parties; acquire, sell, register and exploit trademarks and patents; establish branches and subsidiaries.