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 ArticlesMusk Becomes First Person to Hit $500 Billion Net Worth, Forbes List ShowsOct 02, 2025Wildlife Advocate and Primate Expert Jane Goodall Dies at 91Oct 01, 2025Judge Rejects Bid by Sean ‘Diddy’ Combs to Overturn Prostitution ConvictionOct 01, 2025Airspace Near Poland’s Lublin, Rzeszow Closed Due to ‘Unplanned Military Activity’, Flightradar24 SaysSep 28, 2025Related TopicsstakeblackstoneSpanx
