The acquisition of direct and indirect participations in all companies, in the sense of a holding company, and the operations related thereto. With regard to the acquisition of participations in real estate companies in Switzerland, this will be carried out with an exclusively commercial allocation. It may, either on its own account or on behalf of third parties, carry out all financial, commercial, movable or immovable transactions directly or indirectly related to its corporate purpose and may, in any form, be interested in all similar enterprises. The company may also establish branches and subsidiaries in Switzerland and abroad.