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 ArticlesPeru Declares 30-day State of Emergency in Lima to Tackle Rising CrimeOct 22, 2025American Eric Lu Crowned Winner of Chopin Piano CompetitionOct 20, 2025Centrist Rodrigo Paz Wins Bolivian Presidency, Ending Nearly 20 Years of Leftist RuleOct 19, 2025What Jewels Did the Louvre Thieves Steal?Oct 19, 2025Related TopicsstakeblackstoneSpanx
