The company's purpose is to acquire, sell, hold and manage participations in other companies. The company may establish branches and subsidiaries in Switzerland and abroad and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties. The company may take out loans and grant loans, as well as provide guarantees and other securities. It may acquire, manage and sell intellectual property rights, licenses and securities. It may carry out all commercial and financial transactions that may be conducive to the realization of its purpose.