Britney, Kevin reach divorce settlement

Britney Spears and her estranged husband Kevin Federline have reached a divorce settlement.

The deal was negotiated in a five-hour meeting in the Los Angeles office of Spears' lawyer Laura Wasser.

At the table were Spears, Federline, Wasser and Federline's lawyers Mark Vincent Kaplan and Jim Simon.

The terms of the settlement have not been revealed. A judge will have to sign off on the agreement before it becomes binding.

Michael Sands, a spokesman for Federline's lawyers, said: "The parties signed a global settlement on all issues of their marriage and the custody of the children."

Spears and Federline wed in September 2004 and have two sons together. Spears filed for divorce last November citing irreconcilable differences.