Washington, June 11 Hollywood actor Mel Gibson and wife Robyn have agreed to keep their financial records under seal in a bid to keep the divorce proceedings private, according to court documents.

The agreement, signed by the former couple, their lawyers and a judge, states that depositions, tax records, and accounting information will be all be kept private, reports People magazine.

According to the papers filed in Los Angeles, part of the reason for the sealing is because the ex-couple does not want to jeopardize their assets by revealing business affairs.

They also want to protect their 10-year-old son Thomas.

The 'Brave Heart' star's estimated net worth 1 billion dollars and the divorce is expected to end with the biggest cash payout in Hollywood. (ANI)