UPDATE 1-Fiat CEO says has no plans to sell RCS stake

Newswire

(Adds background, details) MILAN, June 20 (Reuters) - Italy's Fiat has no plans to sell its stake of around 10 percent in publisher RCS Mediagroup , CEO Sergio Marchionne told reporters on Monday. The publisher of Italy's most influential newspaper Corriere della Sera is at the centre of a stakebuilding battle between entrepreneur Stefano Ricucci and core shareholders. Ricucci has built up an 18.5 percent stake in RCS in recent weeks, and is now its largest single shareholder. But a ...

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