Acquisition, financing, holding, management and sale of participations in companies of all kinds in Switzerland and abroad. May establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related thereto, as well as acquire, manage, encumber and dispose of real estate, copyrights, patents and licenses of all kinds.