CompaniesBlackstone Buys Majority Stake in Spanx, Valuing It at $1.2 BillionSavePrintThe ticker and trading information for Blackstone Group is displayed on the floor of the New York Stock Exchange on April 4, 2016. Brendan McDermid/ReutersReuters10/20/2021|Updated: 10/20/2021Investment firm Blackstone Inc. would buy a majority stake in Spanx, valuing the shapewear maker at $1.2 billion, the companies said on Wednesday.The deal will allow Spanx to further expand globally and help it strengthen its online business, they added.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentReutersAuthorAuthor’s Selected ArticlesCiti Announces Match Program for Government Contribution to Trump AccountsFeb 07, 2026Canada Make Winning Start, US Women Thump Finns, Germany and Sweden Triumph at Winter OlympicsFeb 07, 2026Former World Series Champ Terrance Gore Dies at 34Feb 07, 20263 Doors Down Singer Brad Arnold Dies at 47Feb 07, 2026Related TopicsstakeblackstoneSpanx
