Holding and managing participations. The company can acquire, sell and establish participations, take over financing functions for subsidiaries, provide management services and acquire, manage and sell intangible rights. The company can 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 can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also carry out financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.