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 ArticlesSoutheastern Taiwan Shaken by 6.1 Magnitude Quake, No Immediate Reports of DamageDec 24, 20259 Killed, 10 Injured in South Africa Shooting, Police Hunt for SuspectsDec 21, 2025Medicare Enrollees to Pay 50 Percent Less for Some Drugs in 2026, Report SaysDec 21, 2025USDA Confirms Bird Flu Case in Wisconsin Dairy Herd as New Wildlife SpilloverDec 21, 2025Related TopicsstakeblackstoneSpanx
