Aeroméxico (AM, México City International) has a new chairman, Eduardo Tricio, following a transaction that has seen his Grupo Lala, one of the world's largest milk producers, acquire 20.19% in the Mexican national carrier from Citigroup subsidiary Banamex. Several transactions by Mexican businessmen related to Grupo Lala have taken place in recent days with the transactions expected to be worth approximately $172 million USD according to AeroMéxico. Banamex will continue to hold a 16.11% stake in the airline.