Four groups are still racing for the assets of Telecom Italia Media (TME.MI) that are up for sale, La Repubblica reports Sunday on its website.

Cairo Communications SpA (CAI.MI), 3 Italia, owned by China's Hutchison Whampoa (HUWHY, 0013.HK), Germany's RTL (RTL.BT) of the Bertelsmann Group and the U.S.'s Discovery Channel (DISCA) will submit non-binding bids before Monday's deadline.

The offers will be then examined by the board of TI Media's parent company Telecom Italia (TIA, TIT.MI) on Sept. 27.

Newspaper Website: www.repubblica.it

Write to Enza Tedesco at enza.tedesco@dowjones.com

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