The company's purpose is to acquire, hold and manage as well as to sell participations. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, establish, acquire or merge with similar or related businesses. The company may conduct all business, carry out activities and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. It may also acquire, manage and sell copyrights and licenses of all kinds. The company may also acquire, manage, encumber and sell real estate.