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 ArticlesDoctors for Brazil’s Bolsonaro Say Early-Stage Cancer Detected in His Skin LesionsSep 18, 2025Trump Administration Orders Delta, Aeromexico to End Joint Venture by Jan. 1Sep 17, 2025Tesla Settles 2019 California Crash Lawsuit Related to Autopilot SoftwareSep 16, 2025Brazil’s Bolsonaro Has Skin Lesions Removed Without Complications, Hospital SaysSep 15, 2025Related TopicsstakeblackstoneSpanx