(Bloomberg) -- Turkey's government may announce today it raised as much as $1.9 billion by selling shares in state-run lender Turkiye Halk Bankasi AS, a sign of investor confidence after last week's dispute between the armed forces and government.
Investors bid for 25 percent of Halkbank, the second-biggest state-owned lender, in an initial public offering last week even as political turmoil spooked the markets. The Islamist-rooted government called snap elections in response to an April 27 threat from the army, which has toppled four governments since 1960, to block the ruling party's candidate for president.
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