Wolfsburg have signed German international midfielder Julian Draxler from Schalke on a five-year contract.
Manchester City have completed the signing of Belgium international Kevin De Bruyne from Wolfsburg.
Bayern Munich say Brazil defender Dante is joining Bundesliga rivals Wolfsburg for an undisclosed fee.
Inter Milan have completed the signing of Ivan Perisic from Wolfsburg on a five-year deal.
Kevin De Bruyne has undergone a medical ahead of his proposed move to Manchester City from Wolfsburg.
Kevin de Bruyne watched from the stands as Wolfsburg moved to the top of the Bundesliga with a 3-0 home win over Schalke.