Laurent Nicollin, the vice-president of the Ligue 1 champions, has confirmed discussions with the Gunners over the transfer of their prolific striker to the Emirates
The Gunners reached an agreement with the French champions, with a fee of around £12.8million having been settled on after negotiations between the two clubs.
Now, Montpellier’s vice-president has stated that progress is being made between the two clubs, and a final agreement should be in place at the end of France’s participation in Euro 2012.
In an interview with local French newspaper Midi Libre, Laurent Nicollin said: "Discussions are happening in a cordial fashion.
“Things are moving serenely."
Arsenal’s bid to sign Giroud was approved by the French club last week, after he made it clear he would welcome a move to the Gunners and to north London.
The Frenchman scored 21 goals in Montpellier's league victory, and was the joint top scorer in Ligue 1 with PSG's Nene.
He looks set to join Lukas Podolski in a new-look Arsenal forward line next season, but his transfer will prompt further speculation about the future of Robin van Persie, who has one year left on his contract and has refused to enter talks about a new deal.