MANILA, July 22 (Reuters) - Aboitiz Equity Ventures Inc said it will invest 24 billion pesos ($531 million) in the cement business after formalising a deal with Irish cement maker CRH Plc (NYSE: CRH - news ) to buy the Philippine assets of Lafarge SA .
product_or_material_produced: Lafarge, cement; product_or_material_produced: CRH, cement