[Dow Jones] Broker expects Leighton (LEI) to bounce back toward...

[Dow Jones] Broker expects Leighton (LEI) to bounce back toward A$11.00,
discounting speculation it would launch a bid for Henry Walker Eltin (HWE) as
can't see any price it would be willing to take on HWE's problems and thinks
more likely HWE will fold. Also notes the "old rumor" around Hochtief sale
circulating but thinks German parent has been happy with LEI progress,
particularly with Thiess and John Holland in ConnectEast consortium winning
Mitcham-Frankston toll road project. (WEL)