These are the packages that would be merged, in order:

Calculating dependencies ... done!
Dependency resolution took 1.55 s (backtrack: 0/20).

[ebuild   R    ] sys-libs/zlib-1.3.2-r1:0/1::gentoo  USE="minizip* -static-libs -verify-sig" 1290 KiB
[ebuild  N     ] virtual/minizip-1.3.1:0/1::gentoo  USE="-static-libs" 0 KiB
[ebuild  N     ] dev-libs/freexl-2.0.0-r1::gentoo  969 KiB

Total: 3 packages (2 new, 1 reinstall), Size of downloads: 2258 KiB

The following USE changes are necessary to proceed:
 (see "package.use" in the portage(5) man page for more details)
# required by virtual/minizip-1.3.1::gentoo[-static-libs]
# required by dev-libs/freexl-2.0.0-r1::gentoo
# required by =dev-libs/freexl-2.0.0-r1 (argument)
>=sys-libs/zlib-1.3.2-r1 minizip