Los Angeles: 'Crocodile Dundee' star-couple Paul and Linda Hogan have finalised their divorce.

Paul and Linda, who were married for last 23 years, have reached a divorce settlement, according to which the former couple will share the joint custody of their 15-year-old son, reported People magazine.

Paul, 74, will pay USD 5.775 million to his ex-wife but will retain all of his rights with 'Crocodile Dundee'.