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Paul settles with Heather
16/02/2008 17:15 - (SA)
London - Ex-Beatle Paul McCartney, 65, and his wife Heather Mills, 40, have finally agreed on a £55m divorce settlement, according to a newspaper report published on Saturday.
The two parties had reached a verbal agreement on Friday on what is considered the most expensive divorce in British history, the Daily Mail reported.
The warring celebrities took their case to a London family court on Monday to end their two-year battle.
McCartney and the former model separated after four years of marriage in May 2006.
According to the paper, McCartney is to pay a £20m lump sum to Mills and continue to make annual payments of £2.5m until their 4-year-old daughter Beatrice turns 18.
Mills was also entitled to four security guards for 24-hour protection.
In return for the settlement, Mills had agreed not to talk about her marriage to McCartney.
The former model was planning to leave Britain because everyone in the country hated her, Mills' father said last week.
- Sapa-dpa
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South Africa
