Sep 02, 2009. /Lesprom Network/. AbitibiBowater has completed the sale of approximately 121 thousand hectares (300 thousand acres) of private timberlands in Quebec, Canada, for C$53 million in cash. AbitibiBowater plans to use the proceeds from this sale for general corporate purposes, the company reported. Timberlands located in the Mauricie, Charlevoix and Saguenay regions were sold to two newly formed limited partnerships held by Societe de gestion d'actifs forestiers Solifor, s.e.c. Timberlands located in the Cote-Nord region were sold to Amenagements forestiers Portneuf (3908666 Canada Inc.). AbitibiBowater produces a wide range of newsprint, commercial printing papers, market pulp and wood products.