Acquiring, holding, managing and disposing of participations in domestic and foreign companies. May establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose, may acquire, encumber, manage and dispose of real estate in Switzerland and abroad, also provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties for subsidiaries and third parties.