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 ArticlesStarbucks Will Pay $38.9 Million to Settle NYC Probe Over Worker SchedulesDec 02, 2025Eli Lilly Cuts Zepbound Price to Widen Access for Obesity DrugDec 02, 2025China Says Armed Attack on Tajik-Afghan Border Kills 3 of Its NationalsDec 01, 2025Tropical Storm Deaths Top 600 in Southeast Asia, Over 4 Million AffectedNov 30, 2025Related TopicsstakeblackstoneSpanx