The acquisition, holding, management and sale of interests in companies of any kind, in Switzerland or abroad, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners; in general, the company may establish branches or subsidiaries in Switzerland and abroad, participate in other companies, acquire or establish companies with an identical or similar purpose, grant loans or guarantees to associates or third parties, carry out all financial, commercial, movable, real estate and other operations in Switzerland and abroad, and conclude all contracts that serve to develop its purpose or relate directly or indirectly to it.