In a statement on their official Twitter account on Monday, Bordeaux said the transfer remained subject to paperwork and a medical examination, reports Xinhua news agency.
Otavio made 172 first-team appearances for Atletico Paranaense after being promoted from the Brazilian club's youth academy in 2013.
Bordeaux began their 2017-18 league campaign with a 2-2 draw at Angers on Sunday.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.