Blackstone buys into $1.2bn SPANX with all-female investment team, founder Sara Blakely to be executive chairwoman

Global buyout giant Blackstone has agreed to buy into womenswear brand SPANX at a valuation of $1.2bn through its Blackstone Growth and Blackstone Tactical Opportunities units. The post Blackstone buys into $1.2bn SPANX with all-female