operation of all public establishments, cafes, bars, restaurants, as well as the purchase, sale, import and export of wines and spirits. The company may also, either on its own account or on behalf of third parties, create, acquire, rent and lease all business assets, lease, install and operate all establishments and business assets related to the activities specified above and, more generally, all commercial activities, purchase, sale, management, financial and securities transactions directly or indirectly related to its purpose or likely to contribute to its realization. The company may participate in other companies and establish branches and subsidiaries, both in Switzerland and abroad. It may acquire, hold and dispose of real estate and, in general, carry out any activity directly or indirectly related to its purpose. The company may grant or guarantee loans to its shareholders or third parties.