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


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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 core shareholder pact, including Fiat, controls 58 percent of the group.

Asked if the automaker planned to sell the shares in RCS, Marchionne said: "Maybe someone else had that idea. I did not."

At 1156 GMT, shares in RCS were down 1.35 percent at 5.78 euros.



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