The agreement between the two clubs and the player has been sealed, Granada sources confirmed to Efe.
The Andalusian club will pay 4.5 million euros ($5 million) for the Ecuadorian striker -- the most expensive deal in the club's history.
Jose Angulo, 21, became one of the top players last season at the Copa Libertadores with Ecuadorian club Independiente del Valle --the team that surprised everyone by reaching the tournament final.
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