CompaniesBlackstone Buys Majority Stake in Spanx, Valuing It at $1.2 Billion00CopyFacebookXTruthGettrLinkedInTelegramEmailSavePrintThe 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 ArticlesTrump’s Granddaughter Makes LPGA DebutNov 13, 2025US 10-year Treasury Yields Priced for No Inflation Surprises, Set to Rise Modestly: Reuters PollNov 13, 2025Ukraine Moves to Quell $100 Million Energy Corruption ScandalNov 12, 2025Australia’s Top Court Blocks Russia From Building New Canberra EmbassyNov 12, 2025Related TopicsstakeblackstoneSpanx