Vivendi posts H1 growth helped by Lagardère consolidation, Havas By Olivier Cherfan and Gianluca Lo Nostro July 25 (Reuters) - French media conglomerate Vivendi VIV.PA reported a 39.3% rise in first-half adjusted operating profit to 619 million euros ($672.30 million) on Thursday, helped notably by consolidation of the publishing group Lagardère and growth in advertising business Havas.

Universal Music Group shares drop 30% as streaming growth disappoints July 25 (Reuters) - Universal Music Group UMG.AS shed around $15 billion off its value on Thursday after the world's biggest music label reported lower-than-expected streaming and subscription revenue for the second quarter. The shares fell 30% at one point and were down 26% by 1058 GMT, on track for their biggest one-day loss ever.

PRESS DIGEST- Financial Times - July 25 July 25 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Thames Water's credit rating slashed to 'junk' - Reckitt launches wide-ranging restructuring plan - IAG takeover of Air Europa in peril as EU officials signal concern - UK signs new defence pact with Germany - French regulator pulls licence for Vincent Bolloré’s TV channel C8 Overview - B

UPDATE 2-Vivendi says Canal+ to be listed in London under break-up plan Adds context on break-up from paragraph 2 By Mathieu Rosemain and Tassilo Hummel PARIS, July 22 (Reuters) - French media group Vivendi VIV.PA said it will pursue a London listing for Canal+, while its Havas advertising business will be listed in Amsterdam under its break-up plans.

UPDATE 1-Vivendi exploring London listing for Canal+, Bloomberg says Adds more details from report, background, updates shares July 11 (Reuters) - Vivendi VIV.PA is exploring a spin-off and potential London listing for its Canal+ TV unit, Bloomberg reported on Thursday, sending the French media conglomerate's shares sharply higher in late afternoon trading.