Acquisition, sale and management of participations in enterprises of all kinds in Switzerland and abroad as well as execution of financial transactions. The company may establish branches in Switzerland and abroad, participate in other enterprises in Switzerland and abroad, acquire or merge with similar or related enterprises, and enter into any transactions and conclude any contracts that are suitable for promoting the purpose of the company or that are directly or indirectly related thereto. It may acquire, manage, encumber and dispose of real estate, intellectual property rights and licenses of all kinds.