Spanx Sells Its Majority Stake To Blackstone, An Investment Firm

Spanx Sells Its Majority Stake To Blackstone, An Investment Firm Spanx sold a majority stake in the US shapewear brand to Blackstone, a private equity firm. The deal values it at 1.2 billion USD. The Atlanta, Georgia-headquartered company said the acquisition will accelerate its digital transformation, expand its global footprint, and add new categories. Blackstone, … Continue reading Spanx Sells Its Majority Stake To Blackstone, An Investment Firm