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 ArticlesNorth Korea Fires Ballistic Missiles Towards the Sea Off Its East CoastJan 03, 2026T.J. Watt ‘Thankful,’ Feels Good After Recovering From Collapsed LungJan 03, 2026Former Baseball Player Lenny Dykstra Faces Drug Charges After New Year’s Day Traffic StopJan 03, 2026Hiker Killed in Rare Suspected Mountain Lion Attack in ColoradoJan 02, 2026Related TopicsstakeblackstoneSpanx
