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Media mogul Rupert Murdoch and his estranged third wife Wendi Deng have agreed on an "amicable" divorce settlement, the couple announced in New York on Wednesday.
Murdoch, 82, and Deng, 44, issued the statement after a brief hearing before New York judge Ellen Gesmer.
The couple, who were married in 1999, made no comment after the 10-minute hearing.
"We are pleased to announce that we have reached an amicable settlement of all matters relating to our divorce," the statement said. "We move forward with mutual respect and a shared interest in the health and happiness of our two daughters. We will not comment on this any further."
The couple have 60 days to implement the settlement before the divorce is final, US media reports said.
The terms of the agreement weren't disclosed in court, but a person familiar with the settlement said Wendi Deng Murdoch will keep the couple's Beijing house and their apartment, valued at $44 million, on Manhattan's Fifth Avenue. The couple will share custody of the school-age girls, who are expected to continue living with their mother in Manhattan, said the source, who spoke on the condition of anonymity.
Murdoch will retain properties elsewhere, including an estate in Bel Air, California, the person said. The couple's possessions also include a yacht, which is up for sale, the source said.
Murdoch filed for divorce in June, saying his marriage with Deng, nearly 40 years his junior, was "irretrievably broken".
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