The company's purpose is a) the manufacture and distribution of products from the graphic and publishing industries. b) Participations and financing of domestic and foreign real estate for its own account and for the account of third parties. Acquisition and sale of real estate for its own account or for the account of third parties in Switzerland and abroad. c) Participation in, as well as financing and execution of financial, commercial and commodity transactions in Switzerland and abroad. d) Acquisition and permanent management of participations in commercial and industrial enterprises in Switzerland and abroad, as well as the execution of all transactions resulting therefrom. e) Trade in works of art, art collections and historical books. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and 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 for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.