Acquisition, holding and management, sale and financing of participations; provision of consulting and management services of all kinds. The company may establish branches in Switzerland and abroad, participate in other companies of any kind, take over representations, grant 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, acquire, lease, rent, encumber and sell real estate in Switzerland and abroad, acquire, hold, manage or sell any kind of debt or securities in Switzerland or abroad.