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 ArticlesUnited Airlines Flight Makes Emergency Landing in Japan, 2 InjuredSep 12, 2025Toyota to Manufacture EV SUVs at Kentucky PlantSep 12, 2025Mexico to Raise Tariffs on Cars From China to 50 Percent in Major OverhaulSep 11, 2025Investors Wary of Treasury’s 30-year Bond Auction After Recent DisappointmentsSep 11, 2025Related TopicsstakeblackstoneSpanx
