The Los Angeles County Superior Court system said in a written statement Friday the details of the deal would be revealed next week.
"As the result of a multiday settlement conference, the court announces that Mel Gibson and Oksana Grigorieva have achieved a settlement in their ongoing dispute," the statement said.
Gibson and Grigorieva have been battling in court over custody of their 1-year-old daughter, Lucia. The dispute led to a confrontation in Malibu and misdemeanor battery charges against the actor.
Celebrity Couples of 2014 [PHOTOS]