"It's signed. The transfer will bring us two million euros, ($2.59 million)," a source at the French club who declined to be identified told Reuters on Thursday.
Nancy were relegated to Ligue 2 last weekend after finishing third from bottom.
Hanover ended up ninth in the Bundesliga last season.
($1 = 0.7712 euros) (Reporting by Dimitri Rahmelow, writing by Julien Pretot, editing by Tony Jimenez)
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