SPOTTED! Blake Lively and Leonardo DiCaprio cosy up in Cannes

The friendly pair met up on a designer yacht at the famous film festival, sparking a host of romance rumours...

Just weeks after splitting from model Bar Refaeli, lucky Leonardo DiCaprio has been spotted in the arms of another blonde beauty – none other than Gossip Girl Blake Lively.

The pair met for a catch-up onboard a glittering yacht at famous film festival Cannes, eschewing the high profile red carpet, and instead relaxing in the sun.

SEE ALL THE GLITTERING CANNES PICS HERE!

It’s thought Leo and Blake first hit it off after being introduced by director Baz Luhrman, during talks about new movie The Great Gatsby in November last year.

The smiling pair enjoyed what looked (to us!) like a friendly hug as they reunited on board the swanky sea vessel. 

But already romance rumours are doing the rounds.

Onlookers reportedly clocked the pair together at the luxury Hotel du Cap Eden Roc over the weekend, with some suggesting the picture-perfect duo looked suspiciously like they were keeping a new romance under wraps.

'She was wearing white and he was in a baseball cap, one insider revealed. ‘They walked around the grounds together. It looked like they were a couple.'

Another added: ‘The rumours around Blake and Leo won't go away.'

Meanwhile, Leo's model-ex Bar walked the red carpet solo, stepping out in a dazzling midnight blue gown at the premiere of Mel Gibson movie, The Beaver.

Could we have a hot new couple on our hands? Watch this space.

What are your thoughts on Leo and Blake’s swanky Cannes meeting? Let us know in the comments box below,

SEE ALL THE GLITTERING CANNES PICS HERE!

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