The purpose of the company is to trade in and distribute goods of all kinds, including all preceding stages. In addition, the company's purpose includes all types of transportation, including newspaper and press transportation. The company may also engage in other business activities, in particular the operation of food stands and restaurants, as well as the import and export of goods of all kinds. The company is authorized to establish branches and subsidiaries in Switzerland and abroad and to participate in other companies in Switzerland and abroad. It may conduct all business that is directly or indirectly related to its purpose. Furthermore, the company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It is authorized to arrange financing for its own account or for the account of third parties and to provide security for the liabilities of affiliated companies.