Augme Tech gets loan facility from Silicon Valley Bank. Augme Technologies, Inc together with its fully owned subsidiary, Hipcricket, Inc divulged to the public last Friday that it was able to get a credit facility on its accounts receivable from the Silicon Valley Bank.

Hess, in a move to address criticisms, splits the position of CEO from Chairman. In a bold move, Hess Corp would be splitting the roles of chairman and chief executive officer in its annual shareholders meeting next week.

Harry Winston is now a Swatch unit to be headed by Nayla Hayek, daughter of Swatch group founder Nicolas Hayek.

JAB files for regulatory approval of the offer sheet for DE Master Blenders. Joh A Benckiser, the German food conglomerate, together with other co-investors are preparing to apply for regulatory approval of their offer sheet to purchase Douwe Egberts Coffee.

True Religion Apparel sold to TowerBrook Capital. In an announcement today, True Religion Apparel, Inc disclosed that it has entered into a merger agreement with TowerBrook Capital Partners LP for US$835 million.

Sprouts Farmers supported by Apollo through IPO According to a Reuters news report, organic grocer Sprouts Farmers Markets LLC is financially supported by Apollo Global Management LLC, a private equity firm.

Lloyds pay back Eur3.5 billion of LTRO received from ECB. Lloyds Banking Group had announced that by next week, it would be paying the remaining Eur3. 5 billion or US$4.

In a watershed moment, Warburg Pincus raises US$11.2 billion. One of the largest private equity funds raised since the 2007 crisis has been put together by Warburg Pincus LLC.

Greece is again selling a three month treasury bill to pay off a previous issue. Greece will commence the auction of Eur1. 0 billion or US$1. 29 billion treasury bills with a term of three months from issue.

Nigeria is preparing to sell nearly US$1 billion of Eurobonds. According to Nigerian Finance Minister Ngozi Okonjo-Iweala, Nigeria is planning to sell US$1 billion worth of Eurobonds.

Vitol, in a move to boost profits, purchases the Immingham power plant. The world's biggest oil trader, Vitol, has entered into an agreement to purchase the largest and most modern power plants in Britain.

Taobao.com and Tmail.com are seeking partners as it dominates markets in China among others. The world's largest online retailer, Alibaba Group Holding Ltd is now seeking to find partners for its processing and logistics units as it tries to entice more shoppers from overseas unit right before the conduct of its IPO.

Alibaba Group has purchased 28% of AutoNavi Holdings Ltd for US$294 million. China's largest e commerce company, the Alibaba Group has purchased a 28% share in AutoNavi Holdings Ltd, the digital mapping company.

Icahn and Southeastern Asset Management sent a letter to indicate interest in bidding for the world's third largest PC maker.

Ares purchases AREA Property and undertakes management shakeup. Ares Management LLC disclosed through an announcement that it inked a final contract to purchase AREA Property Partners, LP.

Rio Tinto's Northparkes mining rights in Australia are in the cross hairs of the Carlyle Group.

Scale Venture Partners raise US$300 million. Scale Venture Partners announced today that it was able to secure US$300 million in pledges at the conclusion of ScaleVP IV LP, going beyond the actual amount it was aiming to raise.

Lehman may sell off US$14 billion in unsecured claims to raise funds to pay off debts and other claims.

NLB and NKBM, Slovenian banks are planning capital hikes totalling Eur767 billion. Two of Slovenia's largest banks, namely NLB and NKBM are planning to introduce capital hikes worth a combined total of Eur767 billion or US$1 billion.

eleni LLC would build African commodity exchanges with the help of Sir Bob Geldof's 8 Miles Fund.

Dell Corp responds to the Icahn-Southeastern Asset Management offer. On Friday, Dell Inc. issued its reply on the suggested alternative presented by Southeastern Asset Management and Carl Icahn.

uParts signs a US$2 million financing deal from GRP and Fraser uParts, Inc disclosed the conclusion of its Series A investment round, headed by GRP Partners and Fraser McCombs Capital plus the participation of other prominent personalities in the automotive industry.

DNA seeks an estimated US$1.3 billion as an acceptable bid for its company. According to a report from Reuters, the Finland-based mobile phone operator, DNA, together with its financial consultants UBS opened the sale of the company that may value estimated above EUR1 billion or US$1.

Chang Hwa Bank to introduce three year bond worth at least one billion yuan. Chang Hwa Bank would raise 1 billion yuan or US$163. 11 million through a yuan denominated bond sale.

Kazakhstan to issue new Eurobond. Kazakhstan would be returning to global bond markets with a debt issuance expected to reach US$1 billion. The oil-rich Eastern European country has invited banks for management applications of the deal, according to Finance Minister Bolat Zhamishev.

Lloyds sells of bad property loans to Cerberus Global amounting to GBP325 million. The Lloyds Banking Group has sold off a portfolio of bad property loans to American private equity firm Cerberus Global Investments for the amount of GBP325 million or US$504 million.

TPG Capital sells off shares in Shiram Transport to Piramal Group. TPG Capital, the renowned private equity group from the US, has raised nearly US$300 million through the sale of 10% of its shareholdings in Shiram Transport Finance Co Ltd.

Piramal has the option to sell off its shareholdings in Vodafone India either through an IPO or a first offer to the telecommunications company.

Discussions with investors for Sunday People have bogged down without any final agreement. Talks with investors to purchase Sunday People from Trinity Mirror ended, thus shelving plans to make the British tabloid into a new look newspaper.

Greece's Marfin Investment Group is set to raise funds through a convertible bond issue in two tranches.