US-based global investment firm Blackstone has agreed to purchase a majority stake in womenswear brand Spanx for an undisclosed sum.
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Blackstone Buying Majority Stake in Spanx - WSJ
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Blackstone buys Spanx in eight-figure deal - Inside Retail Asia
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Atlanta-based Spanx sells majority stake to investment firm Blackstone - Atlanta Business Chronicle
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Spanx to Sell Majority Stake to Blackstone (BX) in $1.2 Billion