It was Friday at 7pm and everyone was just starting to wind down for the week. Then, Afterpay lodged a substantial shareholder notice with the ASX.
Seemingly out of nowhere, the notice revealed $800 billion Chinese company Tencent now owns 5 per cent of the buy now, pay later market darling.
Tonight, we take a look at the old school-style buying behind Tencent's $300 million Afterpay stake and which broker it had on hand for help.
Elsewhere, we check in on the sale of Perenti's earth-moving parts and equipment business BTP and unveil which $5 billion listed company has taken a look under the hood.
