Acquisition, sale and management of participations in companies of all kinds at home and abroad, execution of financial transactions, acquisition, management, brokerage and disposal of rights and intangible assets. The company may establish branches in Switzerland and abroad, participate in other companies of any kind, take over representations and enter into all transactions and conclude contracts that may be suitable to promote the purpose of the company; or are directly or indirectly related to it. It may also enter into loans for its own account or for the account of third parties, as well as guarantee and pledge transactions for affiliated companies and third parties. It may acquire, lease, rent, encumber and sell real estate in Switzerland and abroad. The company may acquire, hold, manage or sell any kind of debt or securities within Switzerland or abroad.