Charlie Sheen and Denise Richards have reportedly reached a settlement regarding custody of their two daughters.

The couple have been engaged in an often incredibly bitter dispute over the two girls since Denise filed for divorce in January 2006, including leaks of abusive emails as well as claims and counter-claims about each other’s parenting skills.

However, Denise’s spokesperson told E! News on Friday that they’ve finally settled: “It is true that an agreement has been reached between the parties regarding their children.”

“Denise is happy with the agreement and believes that it is in the best interests of their children.”

“Although the parties have agreed that neither one will discuss the specific terms of the agreement, Denise is satisfied that the agreement has dealt with all of her concerns.”

Charlie is also said to be pleased with the decision even though he recently criticised Denise’s decision to feature three year old Sam and two year old Lola in her upcoming reality series.