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 ArticlesTyson Fury Announces Latest Comeback From RetirementJan 04, 2026North Korea Test-Fires Hypersonic Missiles, KCNA SaysJan 04, 2026At Least 30 Killed in Nigeria Market Attack, Police SayJan 04, 2026All the Victims of Swiss Bar Fire Now Identified, Swiss Police SayJan 04, 2026Related TopicsstakeblackstoneSpanx