MICK JAGGER and Jerry Hall ``amicably and formally agreed to separate'' yesterday after reaching a financial settlement worth £10m and agreeing that their Hindu wedding ceremony had been invalid.
Their stormy 22-year marriage was brought to an end in a 12-minute private hearing in the High Court in London. The couple said they would remain friends.
It is understood that Hall (43) agreed to the £10m settlement, most of which is tied up in trusts for the couple's four children, Elizabeth (14), James (13), Georgia May (6) and Gabriel (12 months).
It is also believed that she will have her name on the deeds of their £5m home in Richmond, south-west London.
A joint statement from their lawyers said they had ``amicably and formally agreed to separate after more than two decades as a couple'' and to obtain an annulment ...
``Mick Jagger and Jerry Hall are determined that their friendship and mutual respect will endure.
``They will always be linked through the great shared love they have for their four children and their determination to both play their full part as parents to Elizabeth, James, Georgia May and Gabriel.''
The announcement followed hours of speculation about an out-of-court settlement after the hearing was cancelled in the morning.
Hall was reported to be fighting for a 20pc share of the 55-year-old Rolling Stone's estimated £150m personal wealth.
Hall started divorce proceedings earlier this year after learning that Brazilian model Luciana Morad (29) was pregnant following a fling with Jagger.
But Jagger tried to limit the damage to his bank account by arguing that the six-hour Hindu wedding he underwent with Hall in Bali in 1991 was merely ceremonial and therefore not legally binding.
Hall's lawyers filed a petition which included a strong defence of the validity of the marriage. She was also believed to have prepared a lengthy file outlining his alleged infidelities.
But yesterday's annulment meant that the settlement is based on Jagger's argument that their marriage was not legally binding in English law and, in effect, ended a ``marriage that never was''.
The announcement also ended speculation that the couple were trying for a reconciliation. Last month, Hall was a surprise guest at her estranged husband's Rolling Stones secret gig at the Shepherds Bush Empire, West London.
Hall and Jagger did not attend yesterday's brief hearing. Instead, they both of them and their four children flew to their home in France for a holiday.
The settlement brings to an end officially a fraught and turbulent 22-year relationship between the rock star and the Texan model that was characterised by break-ups, flamboyant reconciliations and descents into acrimony.
(Daily Telegraph, London)