The acquisition, holding, administration and sale of participations in other companies, in Switzerland or abroad. The company also aims to acquire, administer and sell intellectual property rights. The company may establish branches in Switzerland and abroad, participate in other companies, assume representations and perform all operations and conclude any contract that serves to promote the realization of the company's purpose or is directly or indirectly related to it. It may also contract or grant loans, guarantees or other securities (including pledges) and jointly and severally assume debt and undertake to pay compensation, on its own account or on behalf of third parties, as well as on behalf of companies directly or indirectly affiliated with it, including its parent and sister companies, or third parties. It may acquire real estate in Switzerland and abroad, lease it out or rent it out, mortgage it and sell it. The company may acquire, hold, administer and dispose of any claim and any securities in Switzerland or abroad.