MILAN, June 28 (Reuters) - Italian carmakersaid on Friday it will almost double its stake in RCS Mediagroup , the publisher of influential Italian daily Corriere della Sera, to 20.1 percent after a capital increase that ends next week.
After the stake increase,- which already controls Turin newspaper La Stampa - will likely become the biggest shareholder in RCS as other investors have been selling their rights and will therefore have their stakes diluted by the cash call.
Fiat said in a statement the stake increase assumes the 400-million euro capital increase is fully subscribed. The company currently holds 10.5 percent of RCS. (Reporting by Silvia Aloisi; editing by Francesca Landini)