Arsenal were reported to be keen on the 22-year-old to fill the void left by Alexis Sanchez's departure, who is on his way to Manchester United.
Arsenal are closing in on a £53m move for Pierre-Emerick Aubameyang as club officials arrived in Germany to negotiate a deal with Borussia Dortmund.
Arsenal and Manchester United have agreed a swap deal with Alexis Sanchez and Henrikh Mkhitaryan that will not include any fee.
Manchester United and Arsenal will do separate deals for Henrik Mkhitaryan and Alexis Sanchez instead of a direct swap deal.
Pierre-Emerick Aubameyang remains Arsenal's preferred target to replace Manchester United bound Alexis Sanchez.
Aubameyang's transfer to north London is seemingly imminent while reports claimed that Arsenal had beaten Tottenham Hotspur to Malcom's signature earlier this week.
Kelechi Nwakali was expected to spend the entire campaign with VVV Venlo but, Arsenal are planning to recall him owing to limited game time.
Phil Neville says the signings of Pierre-Emerick Aubameyang and Henrikh Mkhitaryan will make Arsenal a better side even with the imminent departure of Alexis Sanchez.
Arsenal manager Arsene Wenger has addressed speculation over deals for Pierre-Emerick Aubameyang, Malcom and Jonny Evans after confirming that a Sanchez-Mkhitaryan swap is likely.
Arsenal's Arsene Wenger believes the part-exchange deal with Manchester United that would see Alexis Sanchez and Henrikh Mkhitaryan trade clubs should happen in the next 24 hours.
Aubameyang is said to be keen on joining Arsenal after yet another fall out with Dortmund's hierarchy but the Gunners will have to meet the German club's valuation.
Alexis Sanchez is closing in on a move to Manchester United having agreed a four-and-a-half-year deal worth £14m per season.
Everton have reportedly paid Arsenal a fee more than £20m in securing Theo Walcott's signature. The England international snubbed Southampton to join Sam Allardyce's side.
Malcom - along with teammates Jonathan Cafu and Otavio - has been summoned by Bordeaux after a video that appeared on social media following the club's 2-0 Ligue 1 defeat to Caen.
Sporting director Manuel Gerolin says Udinese may consider selling Jankto in the summer if an adequate replacement is brought in.
Manchester United legend Dwight Yorke believes a fresh start for Henrikh Mkhitaryan could make him a successful signing for Arsenal.
United are close to signing Gunners forward Alexis Sanchez, with Mkhitaryan potentially moving in the opposite direction.
Reiss Nelson is out of contract next summer and Arsenal's failure to tie him down to a new deal has alerted Real Madrid and PSG.
Pierre-Emerick Aubameyang is reportedly pleading with Borussia Dortmund to allow him to join Arsenal.
Henrikh Mkhitaryan is in talks with Arsenal but will only accept move to the Emirates if he is offered an improvement on his current wages.
Arsenal are said to be on the brink of signing Malcom, but Jocelyin Gourvennec intriguingly mentioned Jurgen Klopp's side when speaking about the attacker's future.
According to reports, Arsenal have offered long-serving midfielder Jack Wilshere a contract extension that could see him take a pay cut.