The American internet services provider GENUITY is to make a friendly public exchange of shares for the French internet site creator INTEGRA (51.32 million euro turnover in 2000), valued at 125 million euro. GENUITY is offering 0.75 of its shares for each INTEGRA share. The two companies will generate a turnover of 1.5 bn euro, on a pro forma basis, in 2001 and have 5,400 employees in 19 countries.