The company's purpose is to acquire, hold, manage and dispose of participations in companies of any kind in Switzerland and abroad, and to engage in financial and investment activities. The company may establish branches in Switzerland and abroad, participate in other companies of any kind, assume representations and enter into any business and conclude contracts that may be suitable to promote the purpose of the company or that are directly or indirectly related thereto. It may also enter into loans for its own account or for the account of third parties, as well as guarantee and pledge transactions for affiliated companies and third parties. It may acquire, lease, rent, encumber and dispose of real estate in Switzerland and abroad (in Switzerland, excluding transactions subject to the Federal Act on the Acquisition of Real Estate by Persons Abroad). The company may acquire, hold, manage or sell any kind of debt or securities in Switzerland or abroad.