Britney and K-Fed reach agreement

US celebrity couple Britney Spears and Kevin Federline have reached a settlement over child custody and finances in their divorce, a spokesman for Federline’s lawyer said.

After a five-hour meeting in Los Angeles yesterday with their lawyers present, Spears and Federline signed “a global settlement on all issues of their marriage,” said Michael Sands, a spokesman for Federline’s attorney Mark Vincent Kaplan.