He wants "nothing but the best" for his ex-wife, who is engaged to Jim Toth

By Sara Hammel
Updated December 30, 2010 02:00 PM
Landov; Filmmagic

Ryan Phillippe has no hard feelings about his ex-wife’s engagement.

On Thursday, the actor offered his congratulations to Reese Witherspoon, who is newly engaged to Hollywood agent Jim Toth.

“I’m very happy for both Reese and Jim,” the actor, who was married to Witherspoon for seven years before they split in 2008, tells the New York Daily News in a statement. “I wish nothing but the best for the mother of my children.”

Phillippe, 36, and Witherspoon, 34, have two children together, Ava, 11, and Deacon, 7.

Witherspoon announced her engagement this week, and it was revealed that Toth, 40, proposed with a 4-carat Ashoka diamond stunner set on a pave diamond-and-platinum band.