The company's purpose is to acquire and manage participations and other assets, excluding all activities that require authorization under Swiss financial market legislation. The company may carry out all commercial and financial transactions that are conducive to the fulfillment of its purpose. It may participate in other companies and acquire, manage, broker and sell other assets, notably real estate, on its own account and on behalf of third parties. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as 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 on behalf of third parties, as well as grant guarantees and sureties for its subsidiaries and third parties.