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Vivendi presses on with UMG stake sale as music arm drives revenue

PARIS France's Vivendi said on Monday it was forging ahead with the planned sale of up to 50 percent of its Universal Music Group (UMG), as the iconic division boosted the media conglomerate's quarterly revenue.

UPDATE 4-Vivendi presses on with UMG stake sale as music arm drives revenue

* Hits from Ariana Grande buoy UMG's sales (Adds more detail and background)

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