CompaniesBlackstone Buys Majority Stake in Spanx, Valuing It at $1.2 Billion00CopyFacebookXTruthGettrLinkedInTelegramEmailSavePrintThe 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 ArticlesUS Asks Court to Reject Delta, Aeromexico Bid to Delay End of Joint VentureNov 04, 2025Glencore Plans to Shut Canada’s Largest Copper Metal Operation Over CostsNov 03, 2025Russian Attacks on Ukraine Kill 2, Leave Donetsk Region Without PowerNov 02, 2025US Probes Near Miss Between Southwest Airlines Jet and HelicopterNov 02, 2025Related TopicsstakeblackstoneSpanx