The purchase, sale, holding, administration and management of all participations, in the sense of a holding company; the exercise of financing, control and consulting activities in favor of the companies and corporations in which it participates and the granting of guarantees to them; the company may grant loans or guarantees to its shareholders or to third parties, if this serves its own interests; the company may carry out, either on its own account or on behalf of third parties, all financial, commercial, industrial, movable or immovable transactions, directly or indirectly related to its corporate purpose; the company may also establish branches and subsidiaries in Switzerland and abroad.