(Adds Penn National Gaming, Taylor Nelson Sofres and others)

July 3 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Thursday.

(For Reuters columns on deals, click on [DEALTALK\]

** U.S. private equity house Lone Star [LS.UL] could offer shares in Korea Exchange Bank (KEB) (004940.KS: Quote, Profile, Research) in a block sale if the pending $6.3 billion deal to sell control of KEB to HSBC (HSBA.L: Quote, Profile, Research) falters, KEB chief executive said. To read more, please double click on [ID:nSEU000037]

** Casino and racetrack operator Penn National Gaming Inc (PENN.O: Quote, Profile, Research) said its $6.1 billion takeover pact has been terminated, marking the latest leveraged buyout to crumble amid the tight credit markets and weak U.S. economy. [ID:nN03319277]

** British market research company Taylor Nelson Sofres TNS.L rejected an improved approach worth 1.08 billion pounds ($2.14 billion) from WPP (WPP.L: Quote, Profile, Research), saying it preferred its proposed merger with German peer GfK (GFKG.DE: Quote, Profile, Research). [ID:nL03145706]

** Huawei Technologies, China's largest mobile phone equipment maker, has narrowed the field of bidders for a stake in its mobile devices unit reported to be worth more than $2 billion to five private equity companies, sources said. [ID:nHKG341638]

** Britain's Vodafone Group Plc (VOD.L: Quote, Profile, Research) said it paid $900 million for a 70 percent stake in Ghana Telecom, the African country's third largest mobile phone operator. [ID:nL03582525]

** Shire Ltd (SHP.L: Quote, Profile, Research), Britain's third biggest drugmaker, agreed to buy German biotechnology company Jerini (JI4G.DE: Quote, Profile, Research) for 328 million euros ($518 million) to boost its portfolio of human genetic therapies. [ID:nL03194200]