The management, financing, acquisition, holding and sale of financial, commercial, real estate or industrial stakes, in Switzerland and abroad. With regard to stakes in real estate companies in Switzerland and real estate acquisitions in Switzerland, these will have an exclusively commercial purpose. The company may: carry out, in Switzerland and abroad, any financial, commercial or industrial activity, movable or immovable (only for buildings with an exclusively commercial purpose), directly or indirectly related to its purpose; create branches or subsidiaries in Switzerland and abroad; participate in any enterprises having a direct or indirect connection with its purpose; grant loans or guarantees to shareholders or third parties, if this promotes its interests or those of the group of companies of which it is a part.