While Bologna secure Rolando Bianchi, Torino have officially signed Cesare Bovo and Matteo Brighi.
Bianchi was a free agent after Toro allowed his contract to expire on June 30.
He had been linked with Genoa, Fiorentina and Napoli, but today signed a three-year deal with an option for a fourth season.
He fills the gap left by Alberto Gilardino, who returns to Genoa after a loan spell.
The 30-year-old has had a varied career, playing for Atalanta, Cagliari, Reggina, Lazio and Manchester City.
Meanwhile, Torino have officially bought defender Bovo from Genoa on a permanent move.
The Granata also completed the signing of Brighi from Roma after the midfielder had spent last season on loan in Turin.
Think you know your Italian football? Share your knowledge, tips and comments to win cash prizes in OLBG's tipster competition  - £11,000 to be won monthly!