The purpose of the company is to acquire, hold, manage and dispose of participations, including portfolio investments of all kinds, in Switzerland and abroad. The company may 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 may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also order securities and provide guarantees for its shareholders, other group companies or third parties, and grant financing to its shareholders, other group companies or third parties, for its own account or for the account of others, whether against payment or not.