Undaunted by an inhospitable market for IPOs, Germany’s national railroad company Deutsche Bahn is planning to put up almost 25 percent of itself for sale in a stock offering this fall, says The New York Times’ Dealbook. The German government is hoping to raise about $12 billion.

Chinese venture capital firms have been lavishing money on the country’s companies, thanks in part to large investments in mature Internet companies, says the Wall Street Journal’s Deal Journal. Chinese VCs pumped 85 percent more money into mainland China companies in the first half of 2008 than they had a year earlier, according to data from VentureSource.

OTHER DEALS OF THE DAY:

** Venezuela’s leftist government will pay steel conglomerate Ternium $1.65 billion for a 50 percent stake in Venezuelan steelmaker Sidor, Argentine media reported.

** No. 1 U.S. trucking company YRC Worldwide Inc said it is buying Shanghai Jiayu Logistics Co, one of China’s largest trucking companies.

** Peruvian offshore oil and gas driller Petro-Tech Peruana is in the sights of China’s top two oil firms, CNPC and Sinopec Group, with a rare joint takeover bid worth up to $2.5 billion.