Financing, founding, establishment, acquisition, management, disposal of and participation in companies of any kind, industrial property rights, know-how and can acquire, utilize and dispose of real estate. The company can acquire, manage, utilize and dispose of real estate, movable assets and intangible property rights (patents, licenses and other industrial property rights) as well as other assets in Switzerland and abroad. It can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. It can acquire, encumber, dispose of and manage real estate in Switzerland and abroad, provide financing for its own account or for the account of third parties, and grant guarantees and warranties for subsidiaries and third parties.