Purchase, sale, holding and management of participations for own or third-party account in other companies. May deal with financing related to these participations, establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related thereto. Furthermore, acquire, manage, encumber and sell real estate, copyrights, patents and licenses of all kinds.