Madonna, Guy Ritchie's divorce settlement 'not reached'

London, Oct 21 : Madonna has not yet reached a settlement in her divorce from husband Guy Ritchie, according to her publicist.

Earlier, newspaper reports were suggesting that the pair had reached a deal over how to share their vast fortune and custody of their children.

But in an e-mail, Liz Rosenberg has said that the deal is not yet finalized.

Guy Ritchie's representatives declined to comment on the reports.

The couple, who announced the end of their eight-year marriage last Wednesday, is reportedly worth around 300million pounds, with the majority earned by Madonna, reports BBC.

The divorce settlement will bring 20 million pound worth cash in Guy Ritchie's kitty.

They own homes in London, Wiltshire, Los Angeles and New York.

Madonna and Ritchie married in December 2000 at Skibo Castle in the Scottish Highlands and have two sons - seven-year-old Rocco and three-year-old David Banda, who was adopted from Malawi in 2006.

Madonna also has a daughter, 12-year-old Lourdes, from a previous relationship.

ANI