Salma Hayek has married French businessman Francois-Henri Pinault in Paris. The couple exchanged vows in a civil ceremony on Valentine’s Day. The couple, who are the parents of Valentina Paloma Pinault, born in September of 2007, had called off their engagement in July of 2008.

They rekindled their romance last fall when Hayek was in Paris attending the Balenciaga fashion show. Pinault is the CEO of PPR and the son of one of France’s richest men, Francois Pinault, whose fortune is an estimated $16.9 billion.

The upcoming wedding actress Salma Hayek and French billionaire Francois-Henri Pinault is a no-go. The couple, who had planned to wed in a lavish ceremony next year have decided not to wed.

Parents to a daughter, Valentina, born last September, the couple issued a simple statement through Hayek’s rep:

“We are sad to announce the engagement of Salma Hayek and Francois-Henri Pinault has been canceled…There will be no further statement.”

Guess that means the rest of us will have to draw our own conclusions about what went wrong.