Acquisition and sale of participations in companies of any kind in Switzerland and abroad. The company can centrally manage these companies, broker transactions for them, or conclude them in its own name and for its own account, as well as acquire, manage and sell licenses, patents and other intangible rights. The company can establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad, provide financing for its own account or for the account of third parties, and provide guarantees and sureties for subsidiaries and third parties.