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Ferrovial Nears $1 Billion Bet on JFK Terminal 1 Revamp

(Bloomberg) — Ferrovial SA, operator of London’s Heathrow airport, has agreed to invest more than $1 billion into the Carlyle Group Inc. entity providing equity funding for the redevelopment of John F. Kennedy International Airport’s Terminal 1, according to people with knowledge of the matter.Most Read from BloombergLavrov Agrees to Meet Blinken, U.S. Says: Ukraine UpdateIndia Protests Against Singapore PM’s Comments on LawmakersMorgan Stanley Relationships Across Wall Street Snared in ProbeEl