Key deals this week: EOG Resources, VivoPower, Servotronics, Eli Lilly and more

Here’s a list of key deals reported across sectors this week:

Strathcona Resources (OTCPK:STHRF) said Friday it formally launched its offer to acquire MEG Energy (OTCPK:MEGEF) that values the company at ~C$5.9B ($4.25B).

EOG Resources (NYSE:EOG) said Friday it agreed to acquire Encino Acquisition Partners from Canada Pension Plan Investment Board for $5.6B, including debt, in a deal that will enhance its holdings in the Utica shale; EOG expects to fund the acquisition through $3.5B of debt and $2.1B of cash on hand.

VivoPower International (NASDAQ:VVPR) has received a revised non-binding proposal from Energi Holdings to acquire a 51% controlling stake in its subsidiary Tembo e-LV B.V.

Servotronics (NYSE:SVT) +23.1% pre-market Thursday after saying TransDigm (NYSE:TDG) increased its tender offer price to acquire the company to $47/share in cash from $38.50/share in cash; TransDigm -3.4% pre-market.

e.l.f. Beauty (NYSE:ELF) signed a definitive agreement to acquire rhode, a fast-growing, multi-category lifestyle beauty brand founded by Hailey Bieber in $1 billion deal.

The Travelers Companies (NYSE:TRV) agreed to sell its Canadian personal insurance business and the majority of its Canadian commercial insurance business to Definity Financial (DFY:CA) for $2.4B, the company said on Tuesday.

Motorola Solutions (NYSE:MSI) on Tuesday said it would acquire Silvus Technologies, a closely held wireless-radio maker, for $4.4 billion in up-front consideration.

British American Tobacco (NYSE:BTI)’s subsidiary Tobacco Manufacturers intends to sell around 2.3% of its ordinary share capital in Indian tobacco company, ITC, the company said in a statement on Tuesday.

Eli Lilly (NYSE:LLY) is acquiring privately held SiteOne Therapeutics and its pipeline of small molecule pain treatments in a deal that could be worth up to $1B to the latter.