• Wednesday,October 09,2024
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SPANX closes Blackstone deal, Oprah, Reese among new investors

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Blackstone has completed its previously announced majority investment in womenswear brand SPANX. The transaction puts SPANX's valuation at US$1.2 billion. SP

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The sale of Spanx to Blackstone is an all female affair. @Oprah @ReeseWitherspoon and @Whitney Wolfe Herd all invested. Women comprised B

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