"After discussions between the two clubs, Malmo FF have decided to accept a bid from FC Girondins de Bordeaux for Isaac Kiese Thelin," the Swedish club said in a statement.
"The clubs have made a verbal agreement and Isaac Kiese Thelin will meet FC Girondins de Bordeaux tomorrow."
The 22-year-old forward shot to prominence during a six-month spell at Malmo, who he joined from Norrkoping last year.
He scored five goals in 14 games as Malmo won the league title and played a key role as they became the first Swedish team to reach Champions League group stage in 14 years.
Kiese Thelin was rewarded with a call-up to Erik Hamren's Sweden squad, making his debut against Montenegro in November.
Malmo did not give any details of the transfer fee or length of contract.
(Reporting by Philip O'Connor; Editing by Ken Ferris)
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