Los Angeles: Actress-turned-fashion designer Mary-Kate Olsen is reportedly engaged to beau Olivier Sarkozy, a French banker.
The 27-year-old began dating Sarkozy in 2012, and they have now taken the next step in their relationship, reports UsMagazine.com.
Olsen and her 44-year-old boyfriend were allegedly spotted shopping for engagement rings at the Neil Lane boutique here in November 2013.
If things go as planned, it will be Olsen's first wedding.
Sarkozy, the half-brother of former French president Nicolas Sarkozy, was previously married to Charlotte Bernard, with whom he has two children.
