'Friends' star Jennifer Aniston's beau Justin Theroux has penned the script for the follow-up, which will feature Stiller, 48, taking on double duty by directing and reprising his role as ditzy supermodel Derek Zoolander, reported Deadline.
Details about the 40-year-old Spanish beauty's role have yet to be revealed.
Reports suggest Will Ferrell and Owen Wilson are also in talks to return as their original characters Mugatu and Hansel, respectively.
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