The acquisition, sale, holding and long-term administration, in all legally permitted forms, of participations in other companies with headquarters both in Switzerland and abroad; the execution of financial transactions with affiliated companies. The company is authorized to establish branches, affiliated companies, as well as foundations both in Switzerland and abroad, and may participate in other companies. The company is authorized to acquire and encumber funds both in Switzerland and abroad for its own use and/or to achieve its social purpose. The company is authorized to carry out any further activity aimed at achieving the social purposes or objects or in any way connected with them, both in Switzerland and abroad.