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Marc Anthony and his wife Shannon de Lima have officially announced that they are getting a divorce.

In a statement obtained by PEOPLE, the former couple responded to — and confirmed — earlier reports that they had split.

“After much consideration, we have mutually and amicably decided to end our two year marriage. We ask for privacy during this difficult process, and no further comments will be made from either one of us about this personal matter,” Anthony, 48, and De Lima, 28, wrote in a shared statement.

Last month, news broke of the couple’s split just hours after Anthony performed a duet at the Latin Grammy awards with his ex-wife Jennifer Lopez.

Sources close to the situation told PEOPLE that Anthony’s unrelenting career as a global superstar doomed his marriage to 28-year-old de Lima.

“Marc is so busy with his career, touring and recording that he distances himself from his relationships without even knowing it,” said an insider in the Spanish music industry. “Even with his wife in tow, she can feel like he is on another planet.”

“Marc likes to have a woman at home but he also likes to live like a bachelor,” the source continued. “This doesn’t work for very long.”

Anthony and de Lima wed in 2014 in the Dominican Republic.