The acquisition and management of participations in all companies, both in Switzerland and abroad, with the specification that it may hold participations in real estate companies with exclusively commercial use in Switzerland. The company may provide all types of services to any affiliated company (i.e. direct or indirect subsidiaries, sister or parent companies). The company may establish branches and subsidiaries in Switzerland or abroad. The company may provide financial assistance to any affiliated company (i.e. direct or indirect subsidiaries, sister or parent companies), including providing loans, advances, guarantees or securities of all kinds, against remuneration or free of charge. It may also grant loans, advances, guarantees or securities of all kinds to third parties. The company may acquire, hold and dispose of real estate exclusively for commercial use in Switzerland. The company may acquire, operate, hold and dispose of patents, trademarks, copyrights, designs and all intellectual property rights. The company may raise funds by borrowing in any form or by any type of issuance, including securities, debt instruments or bonds, and may issue in general any type of securities. The company may also carry out all operations that promote or facilitate its development or that are directly or indirectly related to its corporate purpose.